Gongin Precision Ind Balance Sheet Health
Financial Health criteria checks 5/6
Gongin Precision Ind has a total shareholder equity of NT$1.3B and total debt of NT$981.8M, which brings its debt-to-equity ratio to 76.7%. Its total assets and total liabilities are NT$2.9B and NT$1.6B respectively. Gongin Precision Ind's EBIT is NT$265.2M making its interest coverage ratio 46.1. It has cash and short-term investments of NT$360.0M.
Key information
76.7%
Debt to equity ratio
NT$981.82m
Debt
| Interest coverage ratio | 46.1x |
| Cash | NT$359.96m |
| Equity | NT$1.28b |
| Total liabilities | NT$1.58b |
| Total assets | NT$2.86b |
Recent financial health updates
We Think Gongin Precision Ind (GTSM:3178) Can Stay On Top Of Its Debt
Apr 12
These 4 Measures Indicate That Gongin Precision Ind (GTSM:3178) Is Using Debt Reasonably Well
Jan 06
Recent updates
Is Gongin Precision Ind. Co., Ltd (GTSM:3178) An Attractive Dividend Stock?
Apr 30We Think Gongin Precision Ind (GTSM:3178) Can Stay On Top Of Its Debt
Apr 12Gongin Precision Ind (GTSM:3178) Will Will Want To Turn Around Its Return Trends
Mar 25Is Gongin Precision Ind. Co., Ltd's (GTSM:3178) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Mar 04Shareholders Of Gongin Precision Ind (GTSM:3178) Must Be Happy With Their 251% Total Return
Feb 11Key Things To Watch Out For If You Are After Gongin Precision Ind. Co., Ltd's (GTSM:3178) 1.2% Dividend
Jan 24These 4 Measures Indicate That Gongin Precision Ind (GTSM:3178) Is Using Debt Reasonably Well
Jan 06A Look At The Fair Value Of Gongin Precision Ind. Co., Ltd (GTSM:3178)
Dec 22We're Watching These Trends At Gongin Precision Ind (GTSM:3178)
Dec 07Gongin Precision Ind. Co., Ltd's (GTSM:3178) Has Had A Decent Run On The Stock market: Are Fundamentals In The Driver's Seat?
Nov 19Financial Position Analysis
Short Term Liabilities: 3178's short term assets (NT$1.1B) exceed its short term liabilities (NT$839.6M).
Long Term Liabilities: 3178's short term assets (NT$1.1B) exceed its long term liabilities (NT$740.8M).
Debt to Equity History and Analysis
Debt Level: 3178's net debt to equity ratio (48.6%) is considered high.
Reducing Debt: 3178's debt to equity ratio has reduced from 88.9% to 76.7% over the past 5 years.
Debt Coverage: 3178's debt is well covered by operating cash flow (35.8%).
Interest Coverage: 3178's interest payments on its debt are well covered by EBIT (46.1x coverage).