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$315.7M, which brings its debt-to-equity ratio to 15.6%. 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$949.7M.
Key information
15.6%
Debt to equity ratio
NT$315.68m
Debt
| Interest coverage ratio | -165.1x |
| Cash | NT$949.70m |
| 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 15.6% over the past 5 years.
Debt Coverage: 2640's debt is well covered by operating cash flow (220.9%).
Interest Coverage: 2640 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 | 2024/12/26 20:32 |
| End of Day Share Price | 2024/12/26 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 |
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| Ownership | 10 years |
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| Management | 10 years |
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| 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
Taiwan Taxi Co.,Ltd. is covered by 4 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 |
|---|---|
| Chi-Chang Chan | Jih Sun Securities Investment Consulting Co., Ltd. |
| null null | KGI Securities Co. Ltd. |
| Horn Yu Chien | Masterlink Securities Corp. |