Top Bright Holding Balance Sheet Health
Financial Health criteria checks 6/6
Top Bright Holding has a total shareholder equity of NT$10.5B and total debt of NT$135.1M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are NT$11.2B and NT$706.3M respectively. Top Bright Holding's EBIT is NT$400.6M making its interest coverage ratio -1.5. It has cash and short-term investments of NT$8.4B.
Key information
1.3%
Debt to equity ratio
NT$135.09m
Debt
Interest coverage ratio | -1.5x |
Cash | NT$8.37b |
Equity | NT$10.52b |
Total liabilities | NT$706.33m |
Total assets | NT$11.23b |
Recent financial health updates
Recent updates
Is Top Bright Holding Co., Ltd. (TPE:8499) A Smart Pick For Income Investors?
Apr 21Shareholders 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 31Top 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$9.2B) exceed its short term liabilities (NT$477.4M).
Long Term Liabilities: 8499's short term assets (NT$9.2B) exceed its long term liabilities (NT$229.0M).
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 2.4% to 1.3% over the past 5 years.
Debt Coverage: 8499's debt is well covered by operating cash flow (351.3%).
Interest Coverage: 8499 earns more interest than it pays, so coverage of interest payments is not a concern.