Tigerair Taiwan Balance Sheet Health
Financial Health criteria checks 6/6
Tigerair Taiwan has a total shareholder equity of NT$6.7B and total debt of NT$236.4M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are NT$20.4B and NT$13.7B respectively. Tigerair Taiwan's EBIT is NT$3.7B making its interest coverage ratio 173.1. It has cash and short-term investments of NT$9.3B.
Key information
3.5%
Debt to equity ratio
NT$236.36m
Debt
| Interest coverage ratio | 173.1x |
| Cash | NT$9.28b |
| Equity | NT$6.70b |
| Total liabilities | NT$13.70b |
| Total assets | NT$20.40b |
Recent financial health updates
Is Tigerair Taiwan (TWSE:6757) Using Too Much Debt?
Oct 26
Is Tigerair Taiwan (TWSE:6757) A Risky Investment?
May 06Recent updates
Tigerair Taiwan Co., Ltd. (TWSE:6757) Held Back By Insufficient Growth Even After Shares Climb 28%
Nov 14Is Tigerair Taiwan (TWSE:6757) Using Too Much Debt?
Oct 26Tigerair Taiwan (TWSE:6757) Knows How To Allocate Capital Effectively
Sep 18Tigerair Taiwan Co., Ltd. (TWSE:6757) Stocks Pounded By 31% But Not Lagging Industry On Growth Or Pricing
Aug 09Market Participants Recognise Tigerair Taiwan Co., Ltd.'s (TWSE:6757) Revenues Pushing Shares 27% Higher
May 08Is Tigerair Taiwan (TWSE:6757) A Risky Investment?
May 06Factors Income Investors Should Consider Before Adding Tigerair Taiwan Co., Ltd. (GTSM:6757) To Their Portfolio
Apr 01A Look At Tigerair Taiwan's (GTSM:6757) Share Price Returns
Feb 03
Financial Position Analysis
Short Term Liabilities: 6757's short term assets (NT$10.0B) exceed its short term liabilities (NT$6.7B).
Long Term Liabilities: 6757's short term assets (NT$10.0B) exceed its long term liabilities (NT$7.0B).
Debt to Equity History and Analysis
Debt Level: 6757 has more cash than its total debt.
Reducing Debt: 6757's debt to equity ratio has reduced from 24.5% to 3.5% over the past 5 years.
Debt Coverage: 6757's debt is well covered by operating cash flow (2693.5%).
Interest Coverage: 6757's interest payments on its debt are well covered by EBIT (173.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 13:22 |
| End of Day Share Price | 2024/12/20 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
Tigerair Taiwan Co., Ltd. is covered by 3 analysts. 4 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 |
|---|---|
| Yayue Hsueh | Capital Securities Corporation |
| Shawn Yang | Masterlink Securities Corp. |
| Yili Chen | SinoPac Securities Investment Service |