Taiwan Surface Mounting Technology Balance Sheet Health
Financial Health criteria checks 6/6
Taiwan Surface Mounting Technology has a total shareholder equity of NT$21.2B and total debt of NT$7.2B, which brings its debt-to-equity ratio to 34.2%. Its total assets and total liabilities are NT$51.1B and NT$29.9B respectively. Taiwan Surface Mounting Technology's EBIT is NT$3.0B making its interest coverage ratio -9.6. It has cash and short-term investments of NT$18.1B.
Key information
34.2%
Debt to equity ratio
NT$7.25b
Debt
| Interest coverage ratio | -9.6x |
| Cash | NT$18.09b |
| Equity | NT$21.19b |
| Total liabilities | NT$29.93b |
| Total assets | NT$51.12b |
Recent financial health updates
We Think Taiwan Surface Mounting Technology (TWSE:6278) Can Stay On Top Of Its Debt
Jul 22
We Think Taiwan Surface Mounting Technology (TPE:6278) Can Stay On Top Of Its Debt
Apr 30Taiwan Surface Mounting Technology (TPE:6278) Seems To Use Debt Quite Sensibly
Jan 19Recent updates
Taiwan Surface Mounting Technology Corp.'s (TWSE:6278) Low P/E No Reason For Excitement
Aug 09We Think Taiwan Surface Mounting Technology (TWSE:6278) Can Stay On Top Of Its Debt
Jul 22Taiwan Surface Mounting Technology (TWSE:6278) Has Announced That Its Dividend Will Be Reduced To NT$5.00
Jun 24This Broker Just Slashed Their Taiwan Surface Mounting Technology Corp. (TWSE:6278) Earnings Forecasts
May 31Is It Time To Consider Buying Taiwan Surface Mounting Technology Corp. (TWSE:6278)?
May 24Investors 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$37.3B) exceed its short term liabilities (NT$25.0B).
Long Term Liabilities: 6278's short term assets (NT$37.3B) exceed its long term liabilities (NT$4.9B).
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 reduced from 35.1% to 34.2% over the past 5 years.
Debt Coverage: 6278's debt is well covered by operating cash flow (81%).
Interest Coverage: 6278 earns more interest than it pays, so coverage of interest payments is not a concern.