Taiwan TaxiLtd Balance Sheet Health
Financial Health criteria checks 6/6
Taiwan TaxiLtd has a total shareholder equity of NT$2.0B and total debt of NT$172.0M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are NT$3.5B and NT$1.5B respectively. Taiwan TaxiLtd's EBIT is NT$644.6M making its interest coverage ratio -165.1. It has cash and short-term investments of NT$950.3M.
Key information
8.5%
Debt to equity ratio
NT$172.00m
Debt
| Interest coverage ratio | -165.1x |
| Cash | NT$950.35m |
| Equity | NT$2.02b |
| Total liabilities | NT$1.46b |
| Total assets | NT$3.47b |
Recent financial health updates
Is Taiwan TaxiLtd (GTSM:2640) Using Too Much Debt?
Mar 21
Does Taiwan TaxiLtd (GTSM:2640) Have A Healthy Balance Sheet?
Dec 21
Recent updates
Is Taiwan Taxi Co.,Ltd. (GTSM:2640) An Attractive Dividend Stock?
Apr 29Is Taiwan TaxiLtd (GTSM:2640) Using Too Much Debt?
Mar 21Did You Participate In Any Of Taiwan TaxiLtd's (GTSM:2640) Fantastic 101% Return ?
Feb 28Can Taiwan TaxiLtd (GTSM:2640) Prolong Its Impressive Returns?
Feb 10Is Taiwan Taxi Co.,Ltd.'s (GTSM:2640) 4.6% Dividend Worth Your Time?
Jan 26Taiwan Taxi Co.,Ltd.'s (GTSM:2640) Been Flat But Financials Look Strong: Can The Market Catch Up?
Jan 10Does Taiwan TaxiLtd (GTSM:2640) Have A Healthy Balance Sheet?
Dec 21Are Taiwan TaxiLtd's (GTSM:2640) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 06Did You Participate In Any Of Taiwan TaxiLtd's (GTSM:2640) Fantastic 107% Return ?
Nov 21Financial Position Analysis
Short Term Liabilities: 2640's short term assets (NT$1.5B) exceed its short term liabilities (NT$886.5M).
Long Term Liabilities: 2640's short term assets (NT$1.5B) exceed its long term liabilities (NT$568.6M).
Debt to Equity History and Analysis
Debt Level: 2640 has more cash than its total debt.
Reducing Debt: 2640's debt to equity ratio has reduced from 30.3% to 8.5% over the past 5 years.
Debt Coverage: 2640's debt is well covered by operating cash flow (405.5%).
Interest Coverage: 2640 earns more interest than it pays, so coverage of interest payments is not a concern.