Sumeeko Industries Balance Sheet Health
Financial Health criteria checks 6/6
Sumeeko Industries has a total shareholder equity of NT$2.2B and total debt of NT$752.7M, which brings its debt-to-equity ratio to 34.2%. Its total assets and total liabilities are NT$3.9B and NT$1.7B respectively. Sumeeko Industries's EBIT is NT$400.7M making its interest coverage ratio 44.4. It has cash and short-term investments of NT$890.8M.
Key information
34.2%
Debt to equity ratio
NT$752.70m
Debt
| Interest coverage ratio | 44.4x |
| Cash | NT$890.79m |
| Equity | NT$2.20b |
| Total liabilities | NT$1.70b |
| Total assets | NT$3.90b |
Recent financial health updates
Is Sumeeko Industries (GTSM:2066) A Risky Investment?
Apr 07
Is Sumeeko Industries (GTSM:2066) Using Too Much Debt?
Jan 07
Recent updates
Should You Buy Sumeeko Industries Co., Ltd. (GTSM:2066) For Its 3.8% Dividend?
Apr 25Is Sumeeko Industries (GTSM:2066) A Risky Investment?
Apr 07What Type Of Returns Would Sumeeko Industries'(GTSM:2066) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Mar 20Sumeeko Industries Co., Ltd.'s (GTSM:2066) Dismal Stock Performance Reflects Weak Fundamentals
Mar 02Our Take On The Returns On Capital At Sumeeko Industries (GTSM:2066)
Feb 12Should Sumeeko Industries Co., Ltd. (GTSM:2066) Be Part Of Your Income Portfolio?
Jan 25Is Sumeeko Industries (GTSM:2066) Using Too Much Debt?
Jan 07What Type Of Returns Would Sumeeko Industries'(GTSM:2066) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Dec 20Does Sumeeko Industries Co., Ltd.'s (GTSM:2066) Weak Fundamentals Mean That The Market Could Correct Its Share Price?
Dec 02Financial Position Analysis
Short Term Liabilities: 2066's short term assets (NT$2.8B) exceed its short term liabilities (NT$1.1B).
Long Term Liabilities: 2066's short term assets (NT$2.8B) exceed its long term liabilities (NT$580.4M).
Debt to Equity History and Analysis
Debt Level: 2066 has more cash than its total debt.
Reducing Debt: 2066's debt to equity ratio has reduced from 73% to 34.2% over the past 5 years.
Debt Coverage: 2066's debt is well covered by operating cash flow (52.1%).
Interest Coverage: 2066's interest payments on its debt are well covered by EBIT (44.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 11:47 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sumeeko Industries Co., Ltd. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yu-Kai Tsai | Jih Sun Securities Investment Consulting Co., Ltd. |
| Ming Hong Chu | KGI Securities Co. Ltd. |
| Yvonne Tsai | Yuanta Research |