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$2.3B, which brings its debt-to-equity ratio to 112.4%. 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 17.2. It has cash and short-term investments of NT$341.6M.
Key information
112.4%
Debt to equity ratio
NT$2.31b
Debt
| Interest coverage ratio | 17.2x |
| 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 (95.8%) is considered high.
Reducing Debt: 8931's debt to equity ratio has increased from 78.8% to 112.4% over the past 5 years.
Debt Coverage: 8931's debt is well covered by operating cash flow (26.1%).
Interest Coverage: 8931's interest payments on its debt are well covered by EBIT (17.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 10:33 |
| 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
Ta-Yuan Cogeneration Company Ltd. is covered by 1 analysts. 0 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 |
|---|---|
| Jianhong Wu | Capital Securities Corporation |