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$19.8B.
Key information
339.0%
Debt to equity ratio
NT$239.69b
Debt
| Interest coverage ratio | 3.5x |
| Cash | NT$19.83b |
| 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
Pinning Down Taiwan High Speed Rail Corporation's (TWSE:2633) P/E Is Difficult Right Now
Jan 06Impressive 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 (311%) 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/18 23:02 |
| End of Day Share Price | 2025/01/17 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 |
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| 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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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 High Speed Rail Corporation is covered by 4 analysts. 1 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. |
| Shawn Yang | Masterlink Securities Corp. |
| Yili Chen | SinoPac Securities Investment Service |