TSEC Balance Sheet Health
Financial Health criteria checks 6/6
TSEC has a total shareholder equity of NT$7.7B and total debt of NT$2.7B, which brings its debt-to-equity ratio to 35.3%. Its total assets and total liabilities are NT$11.8B and NT$4.1B respectively. TSEC's EBIT is NT$711.5M making its interest coverage ratio 16.3. It has cash and short-term investments of NT$918.6M.
Key information
35.3%
Debt to equity ratio
NT$2.71b
Debt
Interest coverage ratio | 16.3x |
Cash | NT$918.59m |
Equity | NT$7.67b |
Total liabilities | NT$4.09b |
Total assets | NT$11.76b |
Recent financial health updates
Recent updates
TSEC's (TWSE:6443) Solid Earnings Have Been Accounted For Conservatively
Mar 20The 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 26Analysts 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$4.0B) exceed its short term liabilities (NT$1.9B).
Long Term Liabilities: 6443's short term assets (NT$4.0B) exceed its long term liabilities (NT$2.2B).
Debt to Equity History and Analysis
Debt Level: 6443's net debt to equity ratio (23.3%) is considered satisfactory.
Reducing Debt: 6443's debt to equity ratio has reduced from 138.8% to 35.3% over the past 5 years.
Debt Coverage: 6443's debt is well covered by operating cash flow (29.6%).
Interest Coverage: 6443's interest payments on its debt are well covered by EBIT (16.3x coverage).