Collins Balance Sheet Health
Financial Health criteria checks 5/6
Collins has a total shareholder equity of NT$6.5B and total debt of NT$2.6B, which brings its debt-to-equity ratio to 40.2%. Its total assets and total liabilities are NT$11.4B and NT$4.9B respectively. Collins's EBIT is NT$455.2M making its interest coverage ratio 31.2. It has cash and short-term investments of NT$1.0B.
Key information
40.2%
Debt to equity ratio
NT$2.62b
Debt
Interest coverage ratio | 31.2x |
Cash | NT$1.03b |
Equity | NT$6.51b |
Total liabilities | NT$4.92b |
Total assets | NT$11.43b |
Recent financial health updates
Does Collins (TPE:2906) Have A Healthy Balance Sheet?
Mar 17Collins (TPE:2906) Has A Pretty Healthy Balance Sheet
Dec 02Recent updates
Does Collins (TPE:2906) Have A Healthy Balance Sheet?
Mar 17Should We Be Excited About The Trends Of Returns At Collins (TPE:2906)?
Feb 24Collins Co., Ltd. (TPE:2906) Investors Should Think About This Before Buying It For Its Dividend
Feb 03Can You Imagine How Collins' (TPE:2906) Shareholders Feel About The 41% Share Price Increase?
Jan 13Collins Co., Ltd.'s (TPE:2906) Financial Prospects Don't Look Very Positive: Could It Mean A Stock Price Drop In The Future?
Dec 23Collins (TPE:2906) Has A Pretty Healthy Balance Sheet
Dec 02Financial Position Analysis
Short Term Liabilities: 2906's short term assets (NT$4.7B) exceed its short term liabilities (NT$2.7B).
Long Term Liabilities: 2906's short term assets (NT$4.7B) exceed its long term liabilities (NT$2.2B).
Debt to Equity History and Analysis
Debt Level: 2906's net debt to equity ratio (24.3%) is considered satisfactory.
Reducing Debt: 2906's debt to equity ratio has increased from 21.9% to 40.2% over the past 5 years.
Debt Coverage: 2906's debt is well covered by operating cash flow (21.6%).
Interest Coverage: 2906's interest payments on its debt are well covered by EBIT (31.2x coverage).