Taiwan Chinsan Electronic Industrial Balance Sheet Health
Financial Health criteria checks 4/6
Taiwan Chinsan Electronic Industrial has a total shareholder equity of NT$4.0B and total debt of NT$2.9B, which brings its debt-to-equity ratio to 72.4%. Its total assets and total liabilities are NT$8.3B and NT$4.3B respectively. Taiwan Chinsan Electronic Industrial's EBIT is NT$53.1M making its interest coverage ratio -2. It has cash and short-term investments of NT$2.1B.
Key information
72.4%
Debt to equity ratio
NT$2.91b
Debt
| Interest coverage ratio | -2x |
| Cash | NT$2.10b |
| Equity | NT$4.03b |
| Total liabilities | NT$4.25b |
| Total assets | NT$8.28b |
Recent financial health updates
Recent updates
Taiwan Chinsan Electronic Industrial (GTSM:8042) Has A Pretty Healthy Balance Sheet
Mar 12
We're Watching These Trends At Taiwan Chinsan Electronic Industrial (GTSM:8042)
Feb 03Does Taiwan Chinsan Electronic Industrial's (GTSM:8042) Statutory Profit Adequately Reflect Its Underlying Profit?
Jan 13
Reflecting on Taiwan Chinsan Electronic Industrial's (GTSM:8042) Share Price Returns Over The Last Three Years
Dec 15Taiwan Chinsan Electronic Industrial Co., Ltd.'s (GTSM:8042) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?
Nov 25Financial Position Analysis
Short Term Liabilities: 8042's short term assets (NT$4.8B) exceed its short term liabilities (NT$2.7B).
Long Term Liabilities: 8042's short term assets (NT$4.8B) exceed its long term liabilities (NT$1.6B).
Debt to Equity History and Analysis
Debt Level: 8042's net debt to equity ratio (20.2%) is considered satisfactory.
Reducing Debt: 8042's debt to equity ratio has increased from 54.6% to 72.4% over the past 5 years.
Debt Coverage: 8042's debt is not well covered by operating cash flow (17.2%).
Interest Coverage: 8042 earns more interest than it pays, so coverage of interest payments is not a concern.