TSEC Balance Sheet Health
Financial Health criteria checks 6/6
TSEC has a total shareholder equity of NT$7.6B and total debt of NT$3.0B, which brings its debt-to-equity ratio to 39.3%. Its total assets and total liabilities are NT$12.1B and NT$4.4B respectively. TSEC's EBIT is NT$791.5M making its interest coverage ratio 19.5. It has cash and short-term investments of NT$1.3B.
Key information
39.3%
Debt to equity ratio
NT$3.01b
Debt
| Interest coverage ratio | 19.5x |
| Cash | NT$1.28b |
| Equity | NT$7.65b |
| Total liabilities | NT$4.42b |
| Total assets | NT$12.07b |
Recent financial health updates
Recent updates
TSEC's (TWSE:6443) Solid Earnings Have Been Accounted For Conservatively
Mar 20
The Returns On Capital At TSEC (TPE:6443) Don't Inspire Confidence
Apr 30TSEC Corporation's (TPE:6443) About To Shift From Loss To Profit
Mar 31Can You Imagine How Elated TSEC's (TPE:6443) Shareholders Feel About Its 408% Share Price Gain?
Feb 23Is TSEC (TPE:6443) Using Too Much Debt?
Jan 26
Analysts Expect Breakeven For TSEC Corporation (TPE:6443) Before Long
Dec 29Is TSEC (TPE:6443) Struggling?
Dec 03Financial Position Analysis
Short Term Liabilities: 6443's short term assets (NT$4.3B) exceed its short term liabilities (NT$2.0B).
Long Term Liabilities: 6443's short term assets (NT$4.3B) exceed its long term liabilities (NT$2.4B).
Debt to Equity History and Analysis
Debt Level: 6443's net debt to equity ratio (22.6%) is considered satisfactory.
Reducing Debt: 6443's debt to equity ratio has reduced from 139.7% to 39.3% over the past 5 years.
Debt Coverage: 6443's debt is well covered by operating cash flow (45.6%).
Interest Coverage: 6443's interest payments on its debt are well covered by EBIT (19.5x coverage).