Taiwan Cement Balance Sheet Health
Financial Health criteria checks 4/6
Taiwan Cement has a total shareholder equity of NT$221.7B and total debt of NT$192.4B, which brings its debt-to-equity ratio to 86.8%. Its total assets and total liabilities are NT$458.7B and NT$237.1B respectively. Taiwan Cement's EBIT is NT$3.5B making its interest coverage ratio -1.6. It has cash and short-term investments of NT$118.7B.
Key information
86.8%
Debt to equity ratio
NT$192.38b
Debt
| Interest coverage ratio | -1.6x |
| Cash | NT$118.66b |
| Equity | NT$221.67b |
| Total liabilities | NT$237.06b |
| Total assets | NT$458.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TGBM.F's short term assets (NT$178.6B) exceed its short term liabilities (NT$76.5B).
Long Term Liabilities: TGBM.F's short term assets (NT$178.6B) exceed its long term liabilities (NT$160.6B).
Debt to Equity History and Analysis
Debt Level: TGBM.F's net debt to equity ratio (33.3%) is considered satisfactory.
Reducing Debt: TGBM.F's debt to equity ratio has increased from 55.4% to 86.8% over the past 5 years.
Debt Coverage: TGBM.F's debt is not well covered by operating cash flow (5.1%).
Interest Coverage: TGBM.F earns more interest than it pays, so coverage of interest payments is not a concern.