Taiwan Taxi Co.,Ltd.

TPEX:2640 Stock Report

Market Cap: NT$7.5b

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$280.7M, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are NT$3.4B and NT$1.4B respectively. Taiwan TaxiLtd's EBIT is NT$559.9M making its interest coverage ratio -2434.6. It has cash and short-term investments of NT$908.2M.

Key information

14.0%

Debt to equity ratio

NT$280.68m

Debt

Interest coverage ratio-2434.6x
CashNT$908.21m
EquityNT$2.00b
Total liabilitiesNT$1.42b
Total assetsNT$3.42b

Recent financial health updates

Is Taiwan TaxiLtd (GTSM:2640) Using Too Much Debt?

Mar 21
Is Taiwan TaxiLtd (GTSM:2640) Using Too Much Debt?

Does Taiwan TaxiLtd (GTSM:2640) Have A Healthy Balance Sheet?

Dec 21
Does Taiwan TaxiLtd (GTSM:2640) Have A Healthy Balance Sheet?

Recent updates

Is Taiwan Taxi Co.,Ltd. (GTSM:2640) An Attractive Dividend Stock?

Apr 29
Is Taiwan Taxi Co.,Ltd. (GTSM:2640) An Attractive Dividend Stock?

Is Taiwan TaxiLtd (GTSM:2640) Using Too Much Debt?

Mar 21
Is Taiwan TaxiLtd (GTSM:2640) Using Too Much Debt?

Did You Participate In Any Of Taiwan TaxiLtd's (GTSM:2640) Fantastic 101% Return ?

Feb 28
Did You Participate In Any Of Taiwan TaxiLtd's (GTSM:2640) Fantastic 101% Return ?

Can Taiwan TaxiLtd (GTSM:2640) Prolong Its Impressive Returns?

Feb 10
Can Taiwan TaxiLtd (GTSM:2640) Prolong Its Impressive Returns?

Is Taiwan Taxi Co.,Ltd.'s (GTSM:2640) 4.6% Dividend Worth Your Time?

Jan 26
Is Taiwan Taxi Co.,Ltd.'s (GTSM:2640) 4.6% Dividend Worth Your Time?

Taiwan Taxi Co.,Ltd.'s (GTSM:2640) Been Flat But Financials Look Strong: Can The Market Catch Up?

Jan 10
Taiwan Taxi Co.,Ltd.'s (GTSM:2640) Been Flat But Financials Look Strong: Can The Market Catch Up?

Does Taiwan TaxiLtd (GTSM:2640) Have A Healthy Balance Sheet?

Dec 21
Does Taiwan TaxiLtd (GTSM:2640) Have A Healthy Balance Sheet?

Are Taiwan TaxiLtd's (GTSM:2640) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Dec 06
Are Taiwan TaxiLtd's (GTSM:2640) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Did You Participate In Any Of Taiwan TaxiLtd's (GTSM:2640) Fantastic 107% Return ?

Nov 21
Did You Participate In Any Of Taiwan TaxiLtd's (GTSM:2640) Fantastic 107% Return ?

Financial Position Analysis

Short Term Liabilities: 2640's short term assets (NT$1.4B) exceed its short term liabilities (NT$871.2M).

Long Term Liabilities: 2640's short term assets (NT$1.4B) exceed its long term liabilities (NT$547.8M).

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 55.2% to 14% over the past 5 years.

Debt Coverage: 2640's debt is well covered by operating cash flow (218.8%).

Interest Coverage: 2640 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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