Giga-Byte Technology Balance Sheet Health
Financial Health criteria checks 4/6
Giga-Byte Technology has a total shareholder equity of NT$39.5B and total debt of NT$25.2B, which brings its debt-to-equity ratio to 63.8%. Its total assets and total liabilities are NT$106.3B and NT$66.9B respectively. Giga-Byte Technology's EBIT is NT$9.6B making its interest coverage ratio -40.7. It has cash and short-term investments of NT$17.6B.
Key information
63.8%
Debt to equity ratio
NT$25.20b
Debt
| Interest coverage ratio | -40.7x |
| Cash | NT$17.61b |
| Equity | NT$39.46b |
| Total liabilities | NT$66.86b |
| Total assets | NT$106.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GBYTE's short term assets (NT$95.9B) exceed its short term liabilities (NT$57.1B).
Long Term Liabilities: GBYTE's short term assets (NT$95.9B) exceed its long term liabilities (NT$9.8B).
Debt to Equity History and Analysis
Debt Level: GBYTE's net debt to equity ratio (19.2%) is considered satisfactory.
Reducing Debt: GBYTE's debt to equity ratio has increased from 1.7% to 63.8% over the past 5 years.
Debt Coverage: GBYTE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GBYTE earns more interest than it pays, so coverage of interest payments is not a concern.