Taitien Electronics Balance Sheet Health
Financial Health criteria checks 5/6
Taitien Electronics has a total shareholder equity of NT$1.6B and total debt of NT$150.0M, which brings its debt-to-equity ratio to 9.6%. Its total assets and total liabilities are NT$2.1B and NT$558.4M respectively.
Key information
9.6%
Debt to equity ratio
NT$150.00m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$784.90m |
| Equity | NT$1.57b |
| Total liabilities | NT$558.37m |
| Total assets | NT$2.12b |
Financial Position Analysis
Short Term Liabilities: 8289's short term assets (NT$1.6B) exceed its short term liabilities (NT$390.1M).
Long Term Liabilities: 8289's short term assets (NT$1.6B) exceed its long term liabilities (NT$168.3M).
Debt to Equity History and Analysis
Debt Level: 8289 has more cash than its total debt.
Reducing Debt: 8289's debt to equity ratio has reduced from 20.3% to 9.6% over the past 5 years.
Debt Coverage: 8289's debt is well covered by operating cash flow (107.1%).
Interest Coverage: Insufficient data to determine if 8289's interest payments on its debt are well covered by EBIT.