TAI-TECH Advanced Electronics Balance Sheet Health
Financial Health criteria checks 6/6
TAI-TECH Advanced Electronics has a total shareholder equity of NT$7.3B and total debt of NT$2.5B, which brings its debt-to-equity ratio to 34.7%. 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 -13. It has cash and short-term investments of NT$1.9B.
Key information
34.7%
Debt to equity ratio
NT$2.53b
Debt
| Interest coverage ratio | -13x |
| 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 (8.1%) is considered satisfactory.
Reducing Debt: 3357's debt to equity ratio has reduced from 36.6% to 34.7% over the past 5 years.
Debt Coverage: 3357's debt is well covered by operating cash flow (30.8%).
Interest Coverage: 3357 earns more interest than it pays, so coverage of interest payments is not a concern.