Top Bright Holding Balance Sheet Health
Financial Health criteria checks 6/6
Top Bright Holding has a total shareholder equity of NT$11.0B and total debt of NT$160.0M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are NT$11.8B and NT$877.1M respectively. Top Bright Holding's EBIT is NT$395.9M making its interest coverage ratio -2. It has cash and short-term investments of NT$8.0B.
Key information
1.5%
Debt to equity ratio
NT$160.00m
Debt
| Interest coverage ratio | -2x |
| Cash | NT$7.98b |
| Equity | NT$10.96b |
| Total liabilities | NT$877.12m |
| Total assets | NT$11.84b |
Recent financial health updates
Recent updates
Is Top Bright Holding Co., Ltd. (TPE:8499) A Smart Pick For Income Investors?
Apr 21
Shareholders Of Top Bright Holding (TPE:8499) Must Be Happy With Their 58% Return
Jan 21Is There An Opportunity With Top Bright Holding Co., Ltd.'s (TPE:8499) 28% Undervaluation?
Dec 31
Top Bright Holding Co., Ltd.'s (TPE:8499) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Dec 17Does Top Bright Holding (TPE:8499) Have A Healthy Balance Sheet?
Dec 02The Trends At Top Bright Holding (TPE:8499) That You Should Know About
Nov 19Financial Position Analysis
Short Term Liabilities: 8499's short term assets (NT$8.9B) exceed its short term liabilities (NT$590.1M).
Long Term Liabilities: 8499's short term assets (NT$8.9B) exceed its long term liabilities (NT$287.0M).
Debt to Equity History and Analysis
Debt Level: 8499 has more cash than its total debt.
Reducing Debt: 8499's debt to equity ratio has reduced from 2.3% to 1.5% over the past 5 years.
Debt Coverage: 8499's debt is well covered by operating cash flow (295.8%).
Interest Coverage: 8499 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 16:35 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Top Bright Holding Co., Ltd. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jinyuan Lu | Jih Sun Securities Investment Consulting Co., Ltd. |
| Chia-Teng Wang | SinoPac Securities Investment Service |
| Qiwei Kao | Yuanta Research |