Macauto Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Macauto Industrial has a total shareholder equity of NT$3.6B and total debt of NT$304.2M, which brings its debt-to-equity ratio to 8.4%. Its total assets and total liabilities are NT$5.8B and NT$2.2B respectively. Macauto Industrial's EBIT is NT$464.1M making its interest coverage ratio -28.4. It has cash and short-term investments of NT$1.7B.
Key information
8.4%
Debt to equity ratio
NT$304.18m
Debt
| Interest coverage ratio | -28.4x |
| Cash | NT$1.67b |
| Equity | NT$3.61b |
| Total liabilities | NT$2.24b |
| Total assets | NT$5.84b |
Recent financial health updates
Recent updates
Could Macauto Industrial Co., Ltd. (GTSM:9951) Have The Makings Of Another Dividend Aristocrat?
Apr 16
Investors Can Find Comfort In Macauto Industrial's (GTSM:9951) Earnings Quality
Mar 31Here's Why Macauto Industrial (GTSM:9951) Can Manage Its Debt Responsibly
Dec 24
What Type Of Returns Would Macauto Industrial's(GTSM:9951) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Dec 01Financial Position Analysis
Short Term Liabilities: 9951's short term assets (NT$3.9B) exceed its short term liabilities (NT$2.1B).
Long Term Liabilities: 9951's short term assets (NT$3.9B) exceed its long term liabilities (NT$187.6M).
Debt to Equity History and Analysis
Debt Level: 9951 has more cash than its total debt.
Reducing Debt: 9951's debt to equity ratio has reduced from 43.6% to 8.4% over the past 5 years.
Debt Coverage: 9951's debt is well covered by operating cash flow (244.5%).
Interest Coverage: 9951 earns more interest than it pays, so coverage of interest payments is not a concern.