Taiwan High Speed Rail Balance Sheet Health
Financial Health criteria checks 2/6
Taiwan High Speed Rail has a total shareholder equity of NT$70.7B and total debt of NT$239.7B, which brings its debt-to-equity ratio to 339%. Its total assets and total liabilities are NT$383.1B and NT$312.4B respectively. Taiwan High Speed Rail's EBIT is NT$21.7B making its interest coverage ratio 3.5. It has cash and short-term investments of NT$11.4B.
Key information
339.0%
Debt to equity ratio
NT$239.69b
Debt
| Interest coverage ratio | 3.5x |
| Cash | NT$11.36b |
| Equity | NT$70.70b |
| Total liabilities | NT$312.42b |
| Total assets | NT$383.11b |
Recent financial health updates
Taiwan High Speed Rail (TPE:2633) Has A Somewhat Strained Balance Sheet
Apr 30
Taiwan High Speed Rail (TPE:2633) Seems To Be Using A Lot Of Debt
Jan 30Recent updates
Impressive Earnings May Not Tell The Whole Story For Taiwan High Speed Rail (TWSE:2633)
Nov 14We Like These Underlying Return On Capital Trends At Taiwan High Speed Rail (TWSE:2633)
Oct 07We Like These Underlying Return On Capital Trends At Taiwan High Speed Rail (TWSE:2633)
May 29Taiwan High Speed Rail Corporation's (TWSE:2633) Popularity With Investors Is Under Threat From Overpricing
May 02Estimating The Intrinsic Value Of Taiwan High Speed Rail Corporation (TWSE:2633)
Mar 19Taiwan High Speed Rail (TPE:2633) Has A Somewhat Strained Balance Sheet
Apr 30Is Taiwan High Speed Rail Corporation (TPE:2633) An Attractive Dividend Stock?
Apr 15What Kind Of Investors Own Most Of Taiwan High Speed Rail Corporation (TPE:2633)?
Mar 16Boasting A 8.3% Return On Equity, Is Taiwan High Speed Rail Corporation (TPE:2633) A Top Quality Stock?
Mar 01Can Taiwan High Speed Rail (TPE:2633) Continue To Grow Its Returns On Capital?
Feb 14Taiwan High Speed Rail (TPE:2633) Seems To Be Using A Lot Of Debt
Jan 30Should You Buy Taiwan High Speed Rail Corporation (TPE:2633) For Its Dividend?
Jan 14
Did You Participate In Any Of Taiwan High Speed Rail's (TPE:2633) Fantastic 261% Return ?
Dec 30How Many Taiwan High Speed Rail Corporation (TPE:2633) Shares Do Institutions Own?
Dec 15Is Taiwan High Speed Rail Corporation's (TPE:2633) ROE Of 7.6% Impressive?
Nov 30Financial Position Analysis
Short Term Liabilities: 2633's short term assets (NT$25.1B) do not cover its short term liabilities (NT$32.7B).
Long Term Liabilities: 2633's short term assets (NT$25.1B) do not cover its long term liabilities (NT$279.8B).
Debt to Equity History and Analysis
Debt Level: 2633's net debt to equity ratio (323%) is considered high.
Reducing Debt: 2633's debt to equity ratio has reduced from 398.7% to 339% over the past 5 years.
Debt Coverage: 2633's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: 2633's interest payments on its debt are well covered by EBIT (3.5x coverage).