Gordon Auto Body Parts Balance Sheet Health
Financial Health criteria checks 5/6
Gordon Auto Body Parts has a total shareholder equity of NT$2.7B and total debt of NT$1.8B, which brings its debt-to-equity ratio to 66.9%. Its total assets and total liabilities are NT$5.3B and NT$2.6B respectively. Gordon Auto Body Parts's EBIT is NT$435.7M making its interest coverage ratio -340.1. It has cash and short-term investments of NT$703.5M.
Key information
66.9%
Debt to equity ratio
NT$1.80b
Debt
| Interest coverage ratio | -340.1x |
| Cash | NT$703.52m |
| Equity | NT$2.70b |
| Total liabilities | NT$2.63b |
| Total assets | NT$5.33b |
Recent financial health updates
Recent updates
Does Gordon Auto Body Parts (TPE:1524) Have A Healthy Balance Sheet?
Apr 06
Gordon Auto Body Parts' (TPE:1524) Anemic Earnings Might Be Worse Than You Think
Mar 16What Do The Returns At Gordon Auto Body Parts (TPE:1524) Mean Going Forward?
Feb 22Shareholders Of Gordon Auto Body Parts (TPE:1524) Must Be Happy With Their 93% Return
Feb 01Should You Be Worried About Gordon Auto Body Parts Co., Ltd.'s (TPE:1524) 3.0% Return On Equity?
Jan 11
Here’s What’s Happening With Returns At Gordon Auto Body Parts (TPE:1524)
Nov 22Financial Position Analysis
Short Term Liabilities: 1524's short term assets (NT$2.0B) exceed its short term liabilities (NT$1.1B).
Long Term Liabilities: 1524's short term assets (NT$2.0B) exceed its long term liabilities (NT$1.6B).
Debt to Equity History and Analysis
Debt Level: 1524's net debt to equity ratio (40.8%) is considered high.
Reducing Debt: 1524's debt to equity ratio has reduced from 85.2% to 66.9% over the past 5 years.
Debt Coverage: 1524's debt is well covered by operating cash flow (50.4%).
Interest Coverage: 1524 earns more interest than it pays, so coverage of interest payments is not a concern.