Taiwan Surface Mounting Technology Balance Sheet Health
Financial Health criteria checks 5/6
Taiwan Surface Mounting Technology has a total shareholder equity of NT$19.8B and total debt of NT$7.5B, which brings its debt-to-equity ratio to 38%. Its total assets and total liabilities are NT$48.6B and NT$28.8B respectively. Taiwan Surface Mounting Technology's EBIT is NT$2.5B making its interest coverage ratio -9.3. It has cash and short-term investments of NT$17.4B.
Key information
38.0%
Debt to equity ratio
NT$7.53b
Debt
| Interest coverage ratio | -9.3x |
| Cash | NT$17.39b |
| Equity | NT$19.84b |
| Total liabilities | NT$28.79b |
| Total assets | NT$48.63b |
Recent financial health updates
We Think Taiwan Surface Mounting Technology (TPE:6278) Can Stay On Top Of Its Debt
Apr 30
Taiwan Surface Mounting Technology (TPE:6278) Seems To Use Debt Quite Sensibly
Jan 19Recent updates
Investors Continue Waiting On Sidelines For Taiwan Surface Mounting Technology Corp. (TWSE:6278)
Apr 29We Think You Can Look Beyond Taiwan Surface Mounting Technology's (TWSE:6278) Lackluster Earnings
Mar 20Is Taiwan Surface Mounting Technology Corp. (TWSE:6278) Expensive For A Reason? A Look At Its Intrinsic Value
Mar 14We Think Taiwan Surface Mounting Technology (TPE:6278) Can Stay On Top Of Its Debt
Apr 30Taiwan Surface Mounting Technology (TPE:6278) Is Looking To Continue Growing Its Returns On Capital
Apr 06Taiwan Surface Mounting Technology's (TPE:6278) Solid Earnings May Rest On Weak Foundations
Mar 25Results: Taiwan Surface Mounting Technology Corp. Beat Earnings Expectations And Analysts Now Have New Forecasts
Mar 20Is There An Opportunity With Taiwan Surface Mounting Technology Corp.'s (TPE:6278) 47% Undervaluation?
Mar 17Shareholders of Taiwan Surface Mounting Technology (TPE:6278) Must Be Delighted With Their 345% Total Return
Mar 02With EPS Growth And More, Taiwan Surface Mounting Technology (TPE:6278) Is Interesting
Feb 16What Does Taiwan Surface Mounting Technology Corp.'s (TPE:6278) Share Price Indicate?
Feb 02
Taiwan Surface Mounting Technology (TPE:6278) Seems To Use Debt Quite Sensibly
Jan 19Is Taiwan Surface Mounting Technology Corp. (TPE:6278) A Smart Pick For Income Investors?
Jan 06Does Taiwan Surface Mounting Technology (TPE:6278) Have The Makings Of A Multi-Bagger?
Dec 21Are Investors Undervaluing Taiwan Surface Mounting Technology Corp. (TPE:6278) By 32%?
Dec 09Are Robust Financials Driving The Recent Rally In Taiwan Surface Mounting Technology Corp.'s (TPE:6278) Stock?
Nov 24Financial Position Analysis
Short Term Liabilities: 6278's short term assets (NT$35.4B) exceed its short term liabilities (NT$23.7B).
Long Term Liabilities: 6278's short term assets (NT$35.4B) exceed its long term liabilities (NT$5.0B).
Debt to Equity History and Analysis
Debt Level: 6278 has more cash than its total debt.
Reducing Debt: 6278's debt to equity ratio has increased from 32.6% to 38% over the past 5 years.
Debt Coverage: 6278's debt is well covered by operating cash flow (84.2%).
Interest Coverage: 6278 earns more interest than it pays, so coverage of interest payments is not a concern.