China Fineblanking TechnologyLtd Balance Sheet Health
Financial Health criteria checks 2/6
China Fineblanking TechnologyLtd has a total shareholder equity of NT$1.5B and total debt of NT$1.8B, which brings its debt-to-equity ratio to 121.6%. Its total assets and total liabilities are NT$4.1B and NT$2.6B respectively.
Key information
121.6%
Debt to equity ratio
NT$1.78b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$414.49m |
| Equity | NT$1.46b |
| Total liabilities | NT$2.62b |
| Total assets | NT$4.08b |
Recent financial health updates
Here's Why China Fineblanking TechnologyLtd (GTSM:1586) Can Manage Its Debt Responsibly
Apr 10
Is China Fineblanking TechnologyLtd (GTSM:1586) Using Too Much Debt?
Dec 21
Recent updates
China Fineblanking Technology Co.,Ltd.'s (GTSM:1586) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
May 01Here's Why China Fineblanking TechnologyLtd (GTSM:1586) Can Manage Its Debt Responsibly
Apr 10China Fineblanking Technology Co.,Ltd. (GTSM:1586) Has A ROE Of 7.9%
Mar 20China Fineblanking TechnologyLtd (GTSM:1586) Is Growing Earnings But Are They A Good Guide?
Feb 22The China Fineblanking TechnologyLtd (GTSM:1586) Share Price Is Up 62% And Shareholders Are Holding On
Feb 01What Do The Returns At China Fineblanking TechnologyLtd (GTSM:1586) Mean Going Forward?
Jan 11Is China Fineblanking TechnologyLtd (GTSM:1586) Using Too Much Debt?
Dec 21With A Return On Equity Of 7.9%, Has China Fineblanking Technology Co.,Ltd.'s (GTSM:1586) Management Done Well?
Nov 30Financial Position Analysis
Short Term Liabilities: 1586's short term assets (NT$2.0B) exceed its short term liabilities (NT$1.3B).
Long Term Liabilities: 1586's short term assets (NT$2.0B) exceed its long term liabilities (NT$1.3B).
Debt to Equity History and Analysis
Debt Level: 1586's net debt to equity ratio (93.2%) is considered high.
Reducing Debt: 1586's debt to equity ratio has increased from 70.7% to 121.6% over the past 5 years.
Debt Coverage: 1586's debt is not well covered by operating cash flow (17.8%).
Interest Coverage: Insufficient data to determine if 1586's interest payments on its debt are well covered by EBIT.