Ta-Yuan Cogeneration Balance Sheet Health
Financial Health criteria checks 2/6
Ta-Yuan Cogeneration has a total shareholder equity of NT$2.2B and total debt of NT$2.1B, which brings its debt-to-equity ratio to 94.8%. Its total assets and total liabilities are NT$4.6B and NT$2.4B respectively. Ta-Yuan Cogeneration's EBIT is NT$368.6M making its interest coverage ratio 19.1. It has cash and short-term investments of NT$313.4M.
Key information
94.8%
Debt to equity ratio
NT$2.06b
Debt
| Interest coverage ratio | 19.1x |
| Cash | NT$313.43m |
| Equity | NT$2.17b |
| Total liabilities | NT$2.40b |
| Total assets | NT$4.57b |
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$836.7M) do not cover its short term liabilities (NT$995.0M).
Long Term Liabilities: 8931's short term assets (NT$836.7M) do not cover its long term liabilities (NT$1.4B).
Debt to Equity History and Analysis
Debt Level: 8931's net debt to equity ratio (80.3%) is considered high.
Reducing Debt: 8931's debt to equity ratio has increased from 65.2% to 94.8% over the past 5 years.
Debt Coverage: 8931's debt is well covered by operating cash flow (34.7%).
Interest Coverage: 8931's interest payments on its debt are well covered by EBIT (19.1x coverage).