Taiflex Scientific Co., Ltd.

TWSE:8039 Stock Report

Market Cap: NT$11.6b

Taiflex Scientific Balance Sheet Health

Financial Health criteria checks 6/6

Taiflex Scientific has a total shareholder equity of NT$10.7B and total debt of NT$975.1M, which brings its debt-to-equity ratio to 9.1%. Its total assets and total liabilities are NT$15.2B and NT$4.5B respectively. Taiflex Scientific's EBIT is NT$803.7M making its interest coverage ratio 225.9. It has cash and short-term investments of NT$2.8B.

Key information

9.1%

Debt to equity ratio

NT$975.11m

Debt

Interest coverage ratio225.9x
CashNT$2.75b
EquityNT$10.68b
Total liabilitiesNT$4.50b
Total assetsNT$15.19b

Recent financial health updates

Taiflex Scientific (TPE:8039) Seems To Use Debt Rather Sparingly

Apr 15
Taiflex Scientific (TPE:8039) Seems To Use Debt Rather Sparingly

Taiflex Scientific (TPE:8039) Could Easily Take On More Debt

Dec 30
Taiflex Scientific (TPE:8039) Could Easily Take On More Debt

Recent updates

Investors Shouldn't Be Too Comfortable With Taiflex Scientific's (TWSE:8039) Earnings

Nov 06
Investors Shouldn't Be Too Comfortable With Taiflex Scientific's (TWSE:8039) Earnings

What Taiflex Scientific Co., Ltd.'s (TWSE:8039) 33% Share Price Gain Is Not Telling You

Aug 28
What Taiflex Scientific Co., Ltd.'s (TWSE:8039) 33% Share Price Gain Is Not Telling You

Taiflex Scientific (TPE:8039) Seems To Use Debt Rather Sparingly

Apr 15
Taiflex Scientific (TPE:8039) Seems To Use Debt Rather Sparingly

Does Taiflex Scientific Co., Ltd. (TPE:8039) Have A Place In Your Dividend Stock Portfolio?

Mar 12
Does Taiflex Scientific Co., Ltd. (TPE:8039) Have A Place In Your Dividend Stock Portfolio?

Is Taiflex Scientific Co., Ltd. (TPE:8039) Worth NT$51.8 Based On Its Intrinsic Value?

Feb 16
Is Taiflex Scientific Co., Ltd. (TPE:8039) Worth NT$51.8 Based On Its Intrinsic Value?

Taiflex Scientific (TPE:8039) Has Compensated Shareholders With A Respectable 89% Return On Their Investment

Feb 03
Taiflex Scientific (TPE:8039) Has Compensated Shareholders With A Respectable 89% Return On Their Investment

Should You Use Taiflex Scientific's (TPE:8039) Statutory Earnings To Analyse It?

Jan 14
Should You Use Taiflex Scientific's (TPE:8039) Statutory Earnings To Analyse It?

Taiflex Scientific (TPE:8039) Could Easily Take On More Debt

Dec 30
Taiflex Scientific (TPE:8039) Could Easily Take On More Debt

Taiflex Scientific Co., Ltd.'s (TPE:8039) Stock Has Shown A Decent Performance: Have Financials A Role To Play?

Dec 15
Taiflex Scientific Co., Ltd.'s (TPE:8039) Stock Has Shown A Decent Performance: Have Financials A Role To Play?

Will Taiflex Scientific (TPE:8039) Multiply In Value Going Forward?

Nov 26
Will Taiflex Scientific (TPE:8039) Multiply In Value Going Forward?

Financial Position Analysis

Short Term Liabilities: 8039's short term assets (NT$9.3B) exceed its short term liabilities (NT$3.7B).

Long Term Liabilities: 8039's short term assets (NT$9.3B) exceed its long term liabilities (NT$844.0M).

Debt to Equity History and Analysis

Debt Level: 8039 has more cash than its total debt.

Reducing Debt: 8039's debt to equity ratio has reduced from 28% to 9.1% over the past 5 years.

Debt Coverage: 8039's debt is well covered by operating cash flow (126.8%).

Interest Coverage: 8039's interest payments on its debt are well covered by EBIT (225.9x coverage).

Balance Sheet

Discover healthy companies

7D

1Y

7D

1Y

7D

1Y