Tai Tung Communication Balance Sheet Health
Financial Health criteria checks 1/6
Tai Tung Communication has a total shareholder equity of NT$3.6B and total debt of NT$3.2B, which brings its debt-to-equity ratio to 89.7%. Its total assets and total liabilities are NT$7.5B and NT$3.9B respectively. Tai Tung Communication's EBIT is NT$75.9M making its interest coverage ratio 1.1. It has cash and short-term investments of NT$501.5M.
Key information
89.7%
Debt to equity ratio
NT$3.20b
Debt
Interest coverage ratio | 1.1x |
Cash | NT$501.53m |
Equity | NT$3.57b |
Total liabilities | NT$3.92b |
Total assets | NT$7.49b |
Recent financial health updates
We Think Tai Tung Communication (TWSE:8011) Is Taking Some Risk With Its Debt
Apr 11Is Tai Tung Communication (TPE:8011) Using Debt In A Risky Way?
Jan 27Recent updates
Market Cool On Tai Tung Communication Co., Ltd.'s (TWSE:8011) Revenues
Jun 21Impressive Earnings May Not Tell The Whole Story For Tai Tung Communication (TWSE:8011)
May 22We Think Tai Tung Communication (TWSE:8011) Is Taking Some Risk With Its Debt
Apr 11Optimistic Investors Push Tai Tung Communication Co., Ltd. (TWSE:8011) Shares Up 26% But Growth Is Lacking
Mar 11Introducing Tai Tung Communication (TPE:8011), A Stock That Climbed 47% In The Last Year
Mar 05Is Tai Tung Communication (TPE:8011) Using Debt In A Risky Way?
Jan 27At NT$23.15, Is Tai Tung Communication Co., Ltd. (TPE:8011) Worth Looking At Closely?
Dec 23Financial Position Analysis
Short Term Liabilities: 8011's short term assets (NT$2.2B) exceed its short term liabilities (NT$1.4B).
Long Term Liabilities: 8011's short term assets (NT$2.2B) do not cover its long term liabilities (NT$2.6B).
Debt to Equity History and Analysis
Debt Level: 8011's net debt to equity ratio (75.7%) is considered high.
Reducing Debt: 8011's debt to equity ratio has increased from 64.2% to 89.7% over the past 5 years.
Debt Coverage: 8011's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8011's interest payments on its debt are not well covered by EBIT (1.1x coverage).