GlobalWafers Balance Sheet Health
Financial Health criteria checks 5/6
GlobalWafers has a total shareholder equity of NT$90.8B and total debt of NT$74.5B, which brings its debt-to-equity ratio to 82%. Its total assets and total liabilities are NT$234.8B and NT$144.0B respectively. GlobalWafers's EBIT is NT$16.1B making its interest coverage ratio -5.4. It has cash and short-term investments of NT$70.0B.
Key information
82.0%
Debt to equity ratio
NT$74.45b
Debt
| Interest coverage ratio | -5.4x |
| Cash | NT$70.01b |
| Equity | NT$90.79b |
| Total liabilities | NT$144.04b |
| Total assets | NT$234.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GLOBW's short term assets (NT$109.2B) exceed its short term liabilities (NT$80.6B).
Long Term Liabilities: GLOBW's short term assets (NT$109.2B) exceed its long term liabilities (NT$63.4B).
Debt to Equity History and Analysis
Debt Level: GLOBW's net debt to equity ratio (4.9%) is considered satisfactory.
Reducing Debt: GLOBW's debt to equity ratio has increased from 1.4% to 82% over the past 5 years.
Debt Coverage: GLOBW's debt is well covered by operating cash flow (22.6%).
Interest Coverage: GLOBW earns more interest than it pays, so coverage of interest payments is not a concern.