Topower Balance Sheet Health
Financial Health criteria checks 5/6
Topower has a total shareholder equity of NT$1.6B and total debt of NT$255.0M, which brings its debt-to-equity ratio to 16.2%. Its total assets and total liabilities are NT$2.4B and NT$797.4M respectively. Topower's EBIT is NT$442.9M making its interest coverage ratio -29.7. It has cash and short-term investments of NT$526.6M.
Key information
16.2%
Debt to equity ratio
NT$255.00m
Debt
| Interest coverage ratio | -29.7x |
| Cash | NT$526.58m |
| Equity | NT$1.57b |
| Total liabilities | NT$797.44m |
| Total assets | NT$2.37b |
Recent financial health updates
Recent updates
Under The Bonnet, Topower's (GTSM:3226) Returns Look Impressive
Apr 26
Is Topower (GTSM:3226) A Risky Investment?
Apr 11Estimating The Intrinsic Value Of Topower Co., Ltd. (GTSM:3226)
Mar 27Does Topower's (GTSM:3226) Share Price Gain of 23% Match Its Business Performance?
Mar 12Should You Buy Topower Co., Ltd. (GTSM:3226) For Its Dividend?
Feb 22Topower Co., Ltd.'s (GTSM:3226) Stock Is Going Strong: Is the Market Following Fundamentals?
Feb 01Will Topower (GTSM:3226) Become A Multi-Bagger?
Jan 11
Calculating The Fair Value Of Topower Co., Ltd. (GTSM:3226)
Dec 21Investors Who Bought Topower (GTSM:3226) Shares Three Years Ago Are Now Up 10%
Nov 30Financial Position Analysis
Short Term Liabilities: 3226's short term assets (NT$1.4B) exceed its short term liabilities (NT$787.8M).
Long Term Liabilities: 3226's short term assets (NT$1.4B) exceed its long term liabilities (NT$9.7M).
Debt to Equity History and Analysis
Debt Level: 3226 has more cash than its total debt.
Reducing Debt: 3226's debt to equity ratio has increased from 0% to 16.2% over the past 5 years.
Debt Coverage: 3226's debt is well covered by operating cash flow (179.9%).
Interest Coverage: 3226 earns more interest than it pays, so coverage of interest payments is not a concern.