Taiwan Mask Balance Sheet Health
Financial Health criteria checks 1/6
Taiwan Mask has a total shareholder equity of NT$4.8B and total debt of NT$14.6B, which brings its debt-to-equity ratio to 303.7%. Its total assets and total liabilities are NT$22.0B and NT$17.2B respectively. Taiwan Mask's EBIT is NT$437.5M making its interest coverage ratio 2.3. It has cash and short-term investments of NT$5.6B.
Key information
303.7%
Debt to equity ratio
NT$14.58b
Debt
| Interest coverage ratio | 2.3x |
| Cash | NT$5.60b |
| Equity | NT$4.80b |
| Total liabilities | NT$17.23b |
| Total assets | NT$22.04b |
Recent financial health updates
These 4 Measures Indicate That Taiwan Mask (TWSE:2338) Is Using Debt In A Risky Way
Jul 22
Is Taiwan Mask (TPE:2338) A Risky Investment?
Mar 03We Think Taiwan Mask (TPE:2338) Is Taking Some Risk With Its Debt
Nov 30Recent updates
Taiwan Mask's (TWSE:2338) Soft Earnings Are Actually Better Than They Appear
Nov 19Earnings Working Against Taiwan Mask Corporation's (TWSE:2338) Share Price Following 25% Dive
Aug 12The Returns On Capital At Taiwan Mask (TWSE:2338) Don't Inspire Confidence
Aug 09These 4 Measures Indicate That Taiwan Mask (TWSE:2338) Is Using Debt In A Risky Way
Jul 22Taiwan Mask (TWSE:2338) Could Be Struggling To Allocate Capital
May 08There May Be Reason For Hope In Taiwan Mask's (TWSE:2338) Disappointing Earnings
Mar 23Investors Will Want Taiwan Mask's (TPE:2338) Growth In ROCE To Persist
Apr 23Does Taiwan Mask Corporation (TPE:2338) Have A Place In Your Dividend Portfolio?
Apr 08Should You Be Adding Taiwan Mask (TPE:2338) To Your Watchlist Today?
Mar 18Is Taiwan Mask (TPE:2338) A Risky Investment?
Mar 03Is Taiwan Mask Corporation's (TPE:2338) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Feb 16
Did You Participate In Any Of Taiwan Mask's (TPE:2338) Incredible 345% Return?
Feb 03Does Taiwan Mask (TPE:2338) Have The Makings Of A Multi-Bagger?
Jan 21Is Taiwan Mask Corporation (TPE:2338) An Attractive Dividend Stock?
Jan 08We're Not So Sure You Should Rely on Taiwan Mask's (TPE:2338) Statutory Earnings
Dec 26Is Now The Time To Put Taiwan Mask (TPE:2338) On Your Watchlist?
Dec 13We Think Taiwan Mask (TPE:2338) Is Taking Some Risk With Its Debt
Nov 30Financial Position Analysis
Short Term Liabilities: 2338's short term assets (NT$8.6B) do not cover its short term liabilities (NT$9.6B).
Long Term Liabilities: 2338's short term assets (NT$8.6B) exceed its long term liabilities (NT$7.6B).
Debt to Equity History and Analysis
Debt Level: 2338's net debt to equity ratio (187.2%) is considered high.
Reducing Debt: 2338's debt to equity ratio has increased from 44.3% to 303.7% over the past 5 years.
Debt Coverage: 2338's debt is not well covered by operating cash flow (6.7%).
Interest Coverage: 2338's interest payments on its debt are not well covered by EBIT (2.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 00:33 |
| End of Day Share Price | 2024/12/23 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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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
Taiwan Mask Corporation is covered by 3 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 |
|---|---|
| null null | Capital Securities Corporation |
| Jason Wang | Masterlink Securities Corp. |
| Zahoor Bhat | Virtua Research Inc. |