China Television Company Balance Sheet Health
Financial Health criteria checks 1/6
China Television Company has a total shareholder equity of NT$2.1B and total debt of NT$2.3B, which brings its debt-to-equity ratio to 108.5%. Its total assets and total liabilities are NT$5.4B and NT$3.3B respectively.
Key information
108.5%
Debt to equity ratio
NT$2.31b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$188.10m |
| Equity | NT$2.13b |
| Total liabilities | NT$3.26b |
| Total assets | NT$5.39b |
Financial Position Analysis
Short Term Liabilities: 9928's short term assets (NT$397.5M) do not cover its short term liabilities (NT$2.6B).
Long Term Liabilities: 9928's short term assets (NT$397.5M) do not cover its long term liabilities (NT$662.6M).
Debt to Equity History and Analysis
Debt Level: 9928's net debt to equity ratio (99.7%) is considered high.
Reducing Debt: 9928's debt to equity ratio has reduced from 514.3% to 108.5% over the past 5 years.
Debt Coverage: 9928's debt is not well covered by operating cash flow (4.7%).
Interest Coverage: Insufficient data to determine if 9928's interest payments on its debt are well covered by EBIT.