Taiwan Cogeneration Balance Sheet Health
Financial Health criteria checks 3/6
Taiwan Cogeneration has a total shareholder equity of NT$15.9B and total debt of NT$5.2B, which brings its debt-to-equity ratio to 32.9%. Its total assets and total liabilities are NT$26.5B and NT$10.6B respectively. Taiwan Cogeneration's EBIT is NT$21.1M making its interest coverage ratio 0.4. It has cash and short-term investments of NT$2.6B.
Key information
32.9%
Debt to equity ratio
NT$5.23b
Debt
Interest coverage ratio | 0.4x |
Cash | NT$2.58b |
Equity | NT$15.91b |
Total liabilities | NT$10.60b |
Total assets | NT$26.51b |
Recent financial health updates
Recent updates
Capital Allocation Trends At Taiwan Cogeneration (TWSE:8926) Aren't Ideal
Jul 02Taiwan Cogeneration's (TWSE:8926) Earnings May Just Be The Starting Point
Mar 21Taiwan 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 22Calculating 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$6.0B) exceed its short term liabilities (NT$6.0B).
Long Term Liabilities: 8926's short term assets (NT$6.0B) exceed its long term liabilities (NT$4.6B).
Debt to Equity History and Analysis
Debt Level: 8926's net debt to equity ratio (16.7%) is considered satisfactory.
Reducing Debt: 8926's debt to equity ratio has increased from 24.2% to 32.9% over the past 5 years.
Debt Coverage: 8926's debt is not well covered by operating cash flow (0.3%).
Interest Coverage: 8926's interest payments on its debt are not well covered by EBIT (0.4x coverage).