Taiwan Cogeneration Balance Sheet Health
Financial Health criteria checks 3/6
Taiwan Cogeneration has a total shareholder equity of NT$15.6B and total debt of NT$5.3B, which brings its debt-to-equity ratio to 34%. Its total assets and total liabilities are NT$26.2B and NT$10.6B respectively. Taiwan Cogeneration's EBIT is NT$7.3M making its interest coverage ratio 0.1. It has cash and short-term investments of NT$1.9B.
Key information
34.0%
Debt to equity ratio
NT$5.30b
Debt
| Interest coverage ratio | 0.1x |
| Cash | NT$1.92b |
| Equity | NT$15.59b |
| Total liabilities | NT$10.57b |
| Total assets | NT$26.16b |
Recent financial health updates
Recent updates
Taiwan Cogeneration's (TWSE:8926) Earnings May Just Be The Starting Point
Mar 21
Taiwan Cogeneration Corporation's (TWSE:8926) Business Is Trailing The Market But Its Shares Aren't
Feb 28Is Taiwan Cogeneration (TPE:8926) A Risky Investment?
Apr 02Did You Participate In Any Of Taiwan Cogeneration's (TPE:8926) Respectable 99% Return?
Feb 25Are Taiwan Cogeneration Corporation's (TPE:8926) Mixed Financials Driving The Negative Sentiment?
Jan 22
Calculating The Intrinsic Value Of Taiwan Cogeneration Corporation (TPE:8926)
Dec 17Shareholders Of Taiwan Cogeneration (TPE:8926) Must Be Happy With Their 119% Total Return
Nov 18Financial Position Analysis
Short Term Liabilities: 8926's short term assets (NT$5.8B) exceed its short term liabilities (NT$5.6B).
Long Term Liabilities: 8926's short term assets (NT$5.8B) exceed its long term liabilities (NT$4.9B).
Debt to Equity History and Analysis
Debt Level: 8926's net debt to equity ratio (21.7%) is considered satisfactory.
Reducing Debt: 8926's debt to equity ratio has increased from 29.7% to 34% over the past 5 years.
Debt Coverage: 8926's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8926's interest payments on its debt are not well covered by EBIT (0.1x coverage).