Sumeeko Industries Balance Sheet Health
Financial Health criteria checks 6/6
Sumeeko Industries has a total shareholder equity of NT$1.9B and total debt of NT$1.1B, which brings its debt-to-equity ratio to 59.3%. Its total assets and total liabilities are NT$3.9B and NT$2.0B respectively. Sumeeko Industries's EBIT is NT$411.2M making its interest coverage ratio 34.9. It has cash and short-term investments of NT$1.1B.
Key information
59.3%
Debt to equity ratio
NT$1.10b
Debt
| Interest coverage ratio | 34.9x |
| Cash | NT$1.09b |
| Equity | NT$1.86b |
| Total liabilities | NT$2.04b |
| 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$2.9B) exceed its short term liabilities (NT$1.3B).
Long Term Liabilities: 2066's short term assets (NT$2.9B) exceed its long term liabilities (NT$726.7M).
Debt to Equity History and Analysis
Debt Level: 2066's net debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: 2066's debt to equity ratio has reduced from 98.6% to 59.3% over the past 5 years.
Debt Coverage: 2066's debt is well covered by operating cash flow (43.3%).
Interest Coverage: 2066's interest payments on its debt are well covered by EBIT (34.9x coverage).