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$931.5M and total debt of NT$986.1M, which brings its debt-to-equity ratio to 105.9%. Its total assets and total liabilities are NT$2.3B and NT$1.4B respectively.
Key information
105.9%
Debt to equity ratio
NT$986.12m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$322.53m |
| Equity | NT$931.45m |
| Total liabilities | NT$1.36b |
| Total assets | NT$2.29b |
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$1.3B) exceed its short term liabilities (NT$801.8M).
Long Term Liabilities: 6654's short term assets (NT$1.3B) exceed its long term liabilities (NT$554.8M).
Debt to Equity History and Analysis
Debt Level: 6654's net debt to equity ratio (71.2%) is considered high.
Reducing Debt: 6654's debt to equity ratio has increased from 13.9% to 105.9% over the past 5 years.
Debt Coverage: 6654's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: Insufficient data to determine if 6654's interest payments on its debt are well covered by EBIT.