Taiwan Television EnterpriseLtd Balance Sheet Health
Financial Health criteria checks 6/6
Taiwan Television EnterpriseLtd has a total shareholder equity of NT$3.3B and total debt of NT$150.0M, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are NT$4.5B and NT$1.1B respectively. Taiwan Television EnterpriseLtd's EBIT is NT$27.5M making its interest coverage ratio -2.3. It has cash and short-term investments of NT$754.6M.
Key information
4.5%
Debt to equity ratio
NT$150.00m
Debt
| Interest coverage ratio | -2.3x |
| Cash | NT$754.58m |
| Equity | NT$3.33b |
| Total liabilities | NT$1.14b |
| Total assets | NT$4.47b |
Recent financial health updates
Recent updates
What Type Of Returns Would Taiwan Television EnterpriseLtd's(GTSM:8329) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Feb 17
Taiwan Television EnterpriseLtd (GTSM:8329) Has Debt But No Earnings; Should You Worry?
Dec 23
Taiwan Television EnterpriseLtd's(GTSM:8329) Share Price Is Down 30% Over The Past Five Years.
Nov 18Financial Position Analysis
Short Term Liabilities: 8329's short term assets (NT$1.0B) exceed its short term liabilities (NT$492.2M).
Long Term Liabilities: 8329's short term assets (NT$1.0B) exceed its long term liabilities (NT$646.4M).
Debt to Equity History and Analysis
Debt Level: 8329 has more cash than its total debt.
Reducing Debt: 8329's debt to equity ratio has reduced from 4.8% to 4.5% over the past 5 years.
Debt Coverage: 8329's debt is well covered by operating cash flow (73.3%).
Interest Coverage: 8329 earns more interest than it pays, so coverage of interest payments is not a concern.