Ta-Yuan Cogeneration Balance Sheet Health
Financial Health criteria checks 2/6
Ta-Yuan Cogeneration has a total shareholder equity of NT$2.1B and total debt of NT$2.2B, which brings its debt-to-equity ratio to 105.1%. Its total assets and total liabilities are NT$4.7B and NT$2.7B respectively. Ta-Yuan Cogeneration's EBIT is NT$361.3M making its interest coverage ratio 20.5. It has cash and short-term investments of NT$341.6M.
Key information
105.1%
Debt to equity ratio
NT$2.16b
Debt
| Interest coverage ratio | 20.5x |
| Cash | NT$341.55m |
| Equity | NT$2.06b |
| Total liabilities | NT$2.66b |
| Total assets | NT$4.72b |
Recent financial health updates
Recent updates
These 4 Measures Indicate That Ta-Yuan Cogeneration (GTSM:8931) Is Using Debt Extensively
Feb 25
Shareholders Of Ta-Yuan Cogeneration (GTSM:8931) Must Be Happy With Their 80% Return
Jan 28Here’s What’s Happening With Returns At Ta-Yuan Cogeneration (GTSM:8931)
Dec 17
Ta-Yuan Cogeneration's (GTSM:8931) Earnings Are Growing But Is There More To The Story?
Nov 18Financial Position Analysis
Short Term Liabilities: 8931's short term assets (NT$775.5M) do not cover its short term liabilities (NT$1.5B).
Long Term Liabilities: 8931's short term assets (NT$775.5M) do not cover its long term liabilities (NT$1.2B).
Debt to Equity History and Analysis
Debt Level: 8931's net debt to equity ratio (88.5%) is considered high.
Reducing Debt: 8931's debt to equity ratio has increased from 78.8% to 105.1% over the past 5 years.
Debt Coverage: 8931's debt is well covered by operating cash flow (27.9%).
Interest Coverage: 8931's interest payments on its debt are well covered by EBIT (20.5x coverage).