Tai Shing Electronics Components Corporation

TPEX:3426 Stock Report

Market Cap: NT$1.2b

Tai Shing Electronics Components Balance Sheet Health

Financial Health criteria checks 6/6

Tai Shing Electronics Components has a total shareholder equity of NT$726.7M and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$1.0B and NT$295.3M respectively. Tai Shing Electronics Components's EBIT is NT$85.3M making its interest coverage ratio -10.8. It has cash and short-term investments of NT$332.4M.

Key information

0%

Debt to equity ratio

NT$0

Debt

Interest coverage ratio-10.8x
CashNT$332.40m
EquityNT$726.68m
Total liabilitiesNT$295.34m
Total assetsNT$1.02b

Recent financial health updates

Recent updates

Does It Make Sense To Buy Tai Shing Electronics Components Corporation (GTSM:3426) For Its Yield?

Apr 20
Does It Make Sense To Buy Tai Shing Electronics Components Corporation (GTSM:3426) For Its Yield?

Tai Shing Electronics Components (GTSM:3426) May Have Issues Allocating Its Capital

Mar 30
Tai Shing Electronics Components (GTSM:3426) May Have Issues Allocating Its Capital

Is Tai Shing Electronics Components (GTSM:3426) Using Too Much Debt?

Feb 25
Is Tai Shing Electronics Components (GTSM:3426) Using Too Much Debt?

Are Poor Financial Prospects Dragging Down Tai Shing Electronics Components Corporation (GTSM:3426 Stock?

Feb 04
Are Poor Financial Prospects Dragging Down Tai Shing Electronics Components Corporation (GTSM:3426 Stock?

How Does Tai Shing Electronics Components Corporation (GTSM:3426) Fare As A Dividend Stock?

Jan 17
How Does Tai Shing Electronics Components Corporation (GTSM:3426) Fare As A Dividend Stock?

The Trends At Tai Shing Electronics Components (GTSM:3426) That You Should Know About

Dec 30
The Trends At Tai Shing Electronics Components (GTSM:3426) That You Should Know About

We Wouldn't Rely On Tai Shing Electronics Components's (GTSM:3426) Statutory Earnings As A Guide

Dec 12
We Wouldn't Rely On Tai Shing Electronics Components's (GTSM:3426) Statutory Earnings As A Guide

Is Tai Shing Electronics Components (GTSM:3426) Using Too Much Debt?

Nov 24
Is Tai Shing Electronics Components (GTSM:3426) Using Too Much Debt?

Financial Position Analysis

Short Term Liabilities: 3426's short term assets (NT$647.3M) exceed its short term liabilities (NT$173.0M).

Long Term Liabilities: 3426's short term assets (NT$647.3M) exceed its long term liabilities (NT$122.3M).


Debt to Equity History and Analysis

Debt Level: 3426 is debt free.

Reducing Debt: 3426 has no debt compared to 5 years ago when its debt to equity ratio was 10.9%.

Debt Coverage: 3426 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 3426 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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