Tian Zheng International Precision Machinery Balance Sheet Health
Financial Health criteria checks 2/6
Tian Zheng International Precision Machinery has a total shareholder equity of NT$936.9M and total debt of NT$1.0B, which brings its debt-to-equity ratio to 111.4%. Its total assets and total liabilities are NT$2.3B and NT$1.4B respectively.
Key information
111.4%
Debt to equity ratio
NT$1.04b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$216.36m |
| Equity | NT$936.95m |
| Total liabilities | NT$1.38b |
| Total assets | NT$2.31b |
Recent financial health updates
Tian Zheng International Precision Machinery (GTSM:6654) Seems To Use Debt Quite Sensibly
Mar 05
Tian Zheng International Precision Machinery (GTSM:6654) Has A Pretty Healthy Balance Sheet
Dec 04Recent updates
The Returns At Tian Zheng International Precision Machinery (GTSM:6654) Aren't Growing
Mar 22Tian Zheng International Precision Machinery (GTSM:6654) Seems To Use Debt Quite Sensibly
Mar 05Investors Who Bought Tian Zheng International Precision Machinery (GTSM:6654) Shares A Year Ago Are Now Up 29%
Feb 10
Should You Buy Tian Zheng International Precision Machinery Co., Ltd. (GTSM:6654) For Its 1.6% Dividend?
Jan 26Tian Zheng International Precision Machinery Co., Ltd.'s (GTSM:6654) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?
Jan 08The Trends At Tian Zheng International Precision Machinery (GTSM:6654) That You Should Know About
Dec 22Tian Zheng International Precision Machinery (GTSM:6654) Has A Pretty Healthy Balance Sheet
Dec 04Financial Position Analysis
Short Term Liabilities: 6654's short term assets (NT$1.1B) exceed its short term liabilities (NT$874.4M).
Long Term Liabilities: 6654's short term assets (NT$1.1B) exceed its long term liabilities (NT$501.7M).
Debt to Equity History and Analysis
Debt Level: 6654's net debt to equity ratio (88.3%) is considered high.
Reducing Debt: 6654's debt to equity ratio has increased from 43% to 111.4% over the past 5 years.
Debt Coverage: 6654's debt is not well covered by operating cash flow (3.1%).
Interest Coverage: Insufficient data to determine if 6654's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 19:19 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tian Zheng International Precision Machinery Co., Ltd. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ssu-Han Fu | Jih Sun Securities Investment Consulting Co., Ltd. |
| Hsiming Huang | SinoPac Securities Investment Service |