Taiwan Steel Union Co., Ltd.

TWSE:6581 Stock Report

Market Cap: NT$12.2b

Taiwan Steel Union Balance Sheet Health

Financial Health criteria checks 6/6

Taiwan Steel Union has a total shareholder equity of NT$4.2B and total debt of NT$567.6M, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are NT$5.1B and NT$935.7M respectively. Taiwan Steel Union's EBIT is NT$924.1M making its interest coverage ratio -172.1. It has cash and short-term investments of NT$499.6M.

Key information

13.5%

Debt to equity ratio

NT$567.62m

Debt

Interest coverage ratio-172.1x
CashNT$499.60m
EquityNT$4.20b
Total liabilitiesNT$935.73m
Total assetsNT$5.14b

Recent financial health updates

Here's Why Taiwan Steel Union (TPE:6581) Can Manage Its Debt Responsibly

Feb 23
Here's Why Taiwan Steel Union (TPE:6581) Can Manage Its Debt Responsibly

Recent updates

Taiwan Steel Union (TWSE:6581) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Nov 07
Taiwan Steel Union (TWSE:6581) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Taiwan Steel Union (TWSE:6581) Is Reducing Its Dividend To NT$4.30

Feb 28
Taiwan Steel Union (TWSE:6581) Is Reducing Its Dividend To NT$4.30

Here's What You Should Know About Taiwan Steel Union Co., Ltd's (TPE:6581) 4.1% Dividend Yield

Apr 08
Here's What You Should Know About Taiwan Steel Union Co., Ltd's (TPE:6581) 4.1% Dividend Yield

Interested In Taiwan Steel Union's (TPE:6581) Upcoming NT$3.00 Dividend? You Have Three Days Left

Mar 20
Interested In Taiwan Steel Union's (TPE:6581) Upcoming NT$3.00 Dividend? You Have Three Days Left

Taiwan Steel Union Co., Ltd's (TPE:6581) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

Mar 18
Taiwan Steel Union Co., Ltd's (TPE:6581) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

Here's Why Taiwan Steel Union (TPE:6581) Can Manage Its Debt Responsibly

Feb 23
Here's Why Taiwan Steel Union (TPE:6581) Can Manage Its Debt Responsibly

The Returns At Taiwan Steel Union (TPE:6581) Provide Us With Signs Of What's To Come

Feb 03
The Returns At Taiwan Steel Union (TPE:6581) Provide Us With Signs Of What's To Come

Reflecting on Taiwan Steel Union's (TPE:6581) Share Price Returns Over The Last Three Years

Jan 12
Reflecting on Taiwan Steel Union's (TPE:6581) Share Price Returns Over The Last Three Years

Tread With Caution Around Taiwan Steel Union Co., Ltd's (TPE:6581) 3.3% Dividend Yield

Dec 22
Tread With Caution Around Taiwan Steel Union Co., Ltd's (TPE:6581) 3.3% Dividend Yield

Can Taiwan Steel Union Co., Ltd's (TPE:6581) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?

Dec 04
Can Taiwan Steel Union Co., Ltd's (TPE:6581) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?

Financial Position Analysis

Short Term Liabilities: 6581's short term assets (NT$912.2M) exceed its short term liabilities (NT$396.9M).

Long Term Liabilities: 6581's short term assets (NT$912.2M) exceed its long term liabilities (NT$538.8M).

Debt to Equity History and Analysis

Debt Level: 6581's net debt to equity ratio (1.6%) is considered satisfactory.

Reducing Debt: 6581's debt to equity ratio has reduced from 23.5% to 13.5% over the past 5 years.

Debt Coverage: 6581's debt is well covered by operating cash flow (173.9%).

Interest Coverage: 6581 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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