Taiflex Scientific Balance Sheet Health
Financial Health criteria checks 5/6
Taiflex Scientific has a total shareholder equity of NT$8.1B and total debt of NT$2.5B, which brings its debt-to-equity ratio to 31.4%. Its total assets and total liabilities are NT$13.7B and NT$5.6B respectively. Taiflex Scientific's EBIT is NT$638.5M making its interest coverage ratio 90.6. It has cash and short-term investments of NT$2.7B.
Key information
31.4%
Debt to equity ratio
NT$2.53b
Debt
| Interest coverage ratio | 90.6x |
| Cash | NT$2.69b |
| Equity | NT$8.07b |
| Total liabilities | NT$5.62b |
| Total assets | NT$13.69b |
Recent financial health updates
Taiflex Scientific (TPE:8039) Seems To Use Debt Rather Sparingly
Apr 15
Taiflex Scientific (TPE:8039) Could Easily Take On More Debt
Dec 30Recent updates
Taiflex Scientific (TPE:8039) Seems To Use Debt Rather Sparingly
Apr 15Does Taiflex Scientific Co., Ltd. (TPE:8039) Have A Place In Your Dividend Stock Portfolio?
Mar 12Is Taiflex Scientific Co., Ltd. (TPE:8039) Worth NT$51.8 Based On Its Intrinsic Value?
Feb 16Taiflex Scientific (TPE:8039) Has Compensated Shareholders With A Respectable 89% Return On Their Investment
Feb 03Should You Use Taiflex Scientific's (TPE:8039) Statutory Earnings To Analyse It?
Jan 14Taiflex Scientific (TPE:8039) Could Easily Take On More Debt
Dec 30Taiflex Scientific Co., Ltd.'s (TPE:8039) Stock Has Shown A Decent Performance: Have Financials A Role To Play?
Dec 15Will Taiflex Scientific (TPE:8039) Multiply In Value Going Forward?
Nov 26
Financial Position Analysis
Short Term Liabilities: 8039's short term assets (NT$8.0B) exceed its short term liabilities (NT$4.9B).
Long Term Liabilities: 8039's short term assets (NT$8.0B) exceed its long term liabilities (NT$756.2M).
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 increased from 13.8% to 31.4% over the past 5 years.
Debt Coverage: 8039's debt is well covered by operating cash flow (43.5%).
Interest Coverage: 8039's interest payments on its debt are well covered by EBIT (90.6x coverage).