Taiwan Steel Union Balance Sheet Health
Financial Health criteria checks 6/6
Taiwan Steel Union has a total shareholder equity of NT$3.8B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$4.7B and NT$888.6M respectively. Taiwan Steel Union's EBIT is NT$679.2M making its interest coverage ratio -106.3. It has cash and short-term investments of NT$807.9M.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | -106.3x |
| Cash | NT$807.86m |
| Equity | NT$3.76b |
| Total liabilities | NT$888.63m |
| Total assets | NT$4.65b |
Recent financial health updates
Recent updates
Taiwan Steel Union (TWSE:6581) Is Reducing Its Dividend To NT$4.30
Feb 28
Here's What You Should Know About Taiwan Steel Union Co., Ltd's (TPE:6581) 4.1% Dividend Yield
Apr 08Interested In Taiwan Steel Union's (TPE:6581) Upcoming NT$3.00 Dividend? You Have Three Days Left
Mar 20Taiwan Steel Union Co., Ltd's (TPE:6581) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Mar 18Here's Why Taiwan Steel Union (TPE:6581) Can Manage Its Debt Responsibly
Feb 23The Returns At Taiwan Steel Union (TPE:6581) Provide Us With Signs Of What's To Come
Feb 03
Reflecting on Taiwan Steel Union's (TPE:6581) Share Price Returns Over The Last Three Years
Jan 12Tread With Caution Around Taiwan Steel Union Co., Ltd's (TPE:6581) 3.3% Dividend Yield
Dec 22Can Taiwan Steel Union Co., Ltd's (TPE:6581) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?
Dec 04Financial Position Analysis
Short Term Liabilities: 6581's short term assets (NT$1.2B) exceed its short term liabilities (NT$878.7M).
Long Term Liabilities: 6581's short term assets (NT$1.2B) exceed its long term liabilities (NT$10.0M).
Debt to Equity History and Analysis
Debt Level: 6581 is debt free.
Reducing Debt: 6581 has no debt compared to 5 years ago when its debt to equity ratio was 16.4%.
Debt Coverage: 6581 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6581 has no debt, therefore coverage of interest payments is not a concern.