Ta Liang Technology Balance Sheet Health
Financial Health criteria checks 5/6
Ta Liang Technology has a total shareholder equity of NT$2.5B and total debt of NT$937.6M, which brings its debt-to-equity ratio to 37.1%. Its total assets and total liabilities are NT$5.1B and NT$2.6B respectively. Ta Liang Technology's EBIT is NT$23.4M making its interest coverage ratio -12.4. It has cash and short-term investments of NT$463.5M.
Key information
37.1%
Debt to equity ratio
NT$937.59m
Debt
| Interest coverage ratio | -12.4x |
| Cash | NT$463.53m |
| Equity | NT$2.53b |
| Total liabilities | NT$2.62b |
| Total assets | NT$5.14b |
Recent financial health updates
Ta Liang Technology (TWSE:3167) Is Making Moderate Use Of Debt
Nov 18
Would Ta Liang Technology (TWSE:3167) Be Better Off With Less Debt?
Aug 09Is Ta Liang Technology (TWSE:3167) A Risky Investment?
Apr 17Taliang Technology (TPE:3167) Has A Pretty Healthy Balance Sheet
Apr 10Taliang Technology (TPE:3167) Has A Pretty Healthy Balance Sheet
Jan 09Recent updates
Ta Liang Technology (TWSE:3167) Is Making Moderate Use Of Debt
Nov 18What Ta Liang Technology Co., Ltd.'s (TWSE:3167) 27% Share Price Gain Is Not Telling You
Oct 21Additional Considerations Required While Assessing Ta Liang Technology's (TWSE:3167) Strong Earnings
Aug 21Ta Liang Technology Co., Ltd.'s (TWSE:3167) 31% Price Boost Is Out Of Tune With Revenues
Aug 20Would Ta Liang Technology (TWSE:3167) Be Better Off With Less Debt?
Aug 09Ta Liang Technology Co., Ltd. (TWSE:3167) Stock Rockets 30% As Investors Are Less Pessimistic Than Expected
Jul 03Is Ta Liang Technology (TWSE:3167) A Risky Investment?
Apr 17Optimistic Investors Push Ta Liang Technology Co., Ltd. (TWSE:3167) Shares Up 32% But Growth Is Lacking
Feb 26Is Taliang Technology Co., Ltd. (TPE:3167) A Great Dividend Stock?
Apr 28Taliang Technology (TPE:3167) Has A Pretty Healthy Balance Sheet
Apr 10Taliang Technology's (TPE:3167) Earnings Are Weaker Than They Seem
Mar 05Taliang Technology (TPE:3167) Has Gifted Shareholders With A Fantastic 131% Total Return On Their Investment
Mar 04Should You Be Impressed By Taliang Technology's (TPE:3167) Returns on Capital?
Feb 14Does Taliang Technology Co., Ltd. (TPE:3167) Have A Place In Your Dividend Stock Portfolio?
Jan 27
Taliang Technology (TPE:3167) Has A Pretty Healthy Balance Sheet
Jan 09Taliang Technology Co., Ltd.'s (TPE:3167) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Dec 21Did You Participate In Any Of Taliang Technology's (TPE:3167) Fantastic 115% Return ?
Dec 03Financial Position Analysis
Short Term Liabilities: 3167's short term assets (NT$3.2B) exceed its short term liabilities (NT$1.8B).
Long Term Liabilities: 3167's short term assets (NT$3.2B) exceed its long term liabilities (NT$823.0M).
Debt to Equity History and Analysis
Debt Level: 3167's net debt to equity ratio (18.8%) is considered satisfactory.
Reducing Debt: 3167's debt to equity ratio has reduced from 71.7% to 37.1% over the past 5 years.
Debt Coverage: 3167's debt is not well covered by operating cash flow (3.1%).
Interest Coverage: 3167 earns more interest than it pays, so coverage of interest payments is not a concern.