Tigerair Taiwan Balance Sheet Health
Financial Health criteria checks 4/6
Tigerair Taiwan has a total shareholder equity of NT$4.2B and total debt of NT$330.9M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are NT$18.0B and NT$13.8B respectively. Tigerair Taiwan's EBIT is NT$2.4B making its interest coverage ratio 21.7. It has cash and short-term investments of NT$5.4B.
Key information
7.8%
Debt to equity ratio
NT$330.91m
Debt
| Interest coverage ratio | 21.7x |
| Cash | NT$5.39b |
| Equity | NT$4.23b |
| Total liabilities | NT$13.81b |
| Total assets | NT$18.04b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6757's short term assets (NT$6.2B) do not cover its short term liabilities (NT$6.5B).
Long Term Liabilities: 6757's short term assets (NT$6.2B) do not cover its long term liabilities (NT$7.4B).
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 40.1% to 7.8% over the past 5 years.
Debt Coverage: 6757's debt is well covered by operating cash flow (1821.5%).
Interest Coverage: 6757's interest payments on its debt are well covered by EBIT (21.7x coverage).