TAI-TECH Advanced Electronics Balance Sheet Health
Financial Health criteria checks 5/6
TAI-TECH Advanced Electronics has a total shareholder equity of NT$7.3B and total debt of NT$2.7B, which brings its debt-to-equity ratio to 37.1%. Its total assets and total liabilities are NT$11.7B and NT$4.4B respectively. TAI-TECH Advanced Electronics's EBIT is NT$498.3M making its interest coverage ratio -17.7. It has cash and short-term investments of NT$1.9B.
Key information
37.1%
Debt to equity ratio
NT$2.71b
Debt
| Interest coverage ratio | -17.7x |
| Cash | NT$1.94b |
| Equity | NT$7.30b |
| Total liabilities | NT$4.43b |
| Total assets | NT$11.72b |
Recent financial health updates
TAI-TECH Advanced Electronics (GTSM:3357) Could Easily Take On More Debt
Mar 23
TAI-TECH Advanced Electronics (GTSM:3357) Seems To Use Debt Quite Sensibly
Dec 21
Recent updates
Is TAI-TECH Advanced Electronics Co., Ltd. (GTSM:3357) A Smart Pick For Income Investors?
Apr 29TAI-TECH Advanced Electronics (GTSM:3357) Could Easily Take On More Debt
Mar 23Did You Participate In Any Of TAI-TECH Advanced Electronics' (GTSM:3357) Incredible 576% Return?
Mar 05Will TAI-TECH Advanced Electronics (GTSM:3357) Repeat Its Return Growth Of The Past?
Feb 15Is TAI-TECH Advanced Electronics Co., Ltd. (GTSM:3357) A Smart Pick For Income Investors?
Jan 28TAI-TECH Advanced Electronics (GTSM:3357) Seems To Use Debt Quite Sensibly
Dec 21Did You Participate In Any Of TAI-TECH Advanced Electronics' (GTSM:3357) Incredible 454% Return?
Dec 03Financial Position Analysis
Short Term Liabilities: 3357's short term assets (NT$5.0B) exceed its short term liabilities (NT$1.7B).
Long Term Liabilities: 3357's short term assets (NT$5.0B) exceed its long term liabilities (NT$2.7B).
Debt to Equity History and Analysis
Debt Level: 3357's net debt to equity ratio (10.5%) is considered satisfactory.
Reducing Debt: 3357's debt to equity ratio has increased from 36.6% to 37.1% over the past 5 years.
Debt Coverage: 3357's debt is well covered by operating cash flow (28.8%).
Interest Coverage: 3357 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 01:35 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
TAI-TECH Advanced Electronics Co., Ltd. is covered by 3 analysts. 1 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 |
|---|---|
| Licheng Zhuang | Capital Securities Corporation |
| Yijun Tu | Capital Securities Corporation |
| Alice Su | Masterlink Securities Corp. |