New Advanced Electronics Technologies Balance Sheet Health
Financial Health criteria checks 4/6
New Advanced Electronics Technologies has a total shareholder equity of NT$903.3M and total debt of NT$562.0M, which brings its debt-to-equity ratio to 62.2%. Its total assets and total liabilities are NT$1.7B and NT$837.5M respectively. New Advanced Electronics Technologies's EBIT is NT$14.3M making its interest coverage ratio -33.1. It has cash and short-term investments of NT$350.2M.
Key information
62.2%
Debt to equity ratio
NT$561.95m
Debt
Interest coverage ratio | -33.1x |
Cash | NT$350.25m |
Equity | NT$903.33m |
Total liabilities | NT$837.49m |
Total assets | NT$1.74b |
Recent financial health updates
Recent updates
New Advanced Electronics Technologies (GTSM:3465) Seems To Use Debt Quite Sensibly
Apr 14We Believe New Advanced Electronics Technologies' (GTSM:3465) Earnings Are A Poor Guide For Its Profitability
Mar 10Will New Advanced Electronics Technologies' (GTSM:3465) Growth In ROCE Persist?
Mar 05Does New Advanced Electronics Technologies (GTSM:3465) Have The Makings Of A Multi-Bagger?
Dec 01Financial Position Analysis
Short Term Liabilities: 3465's short term assets (NT$1.1B) exceed its short term liabilities (NT$435.1M).
Long Term Liabilities: 3465's short term assets (NT$1.1B) exceed its long term liabilities (NT$402.4M).
Debt to Equity History and Analysis
Debt Level: 3465's net debt to equity ratio (23.4%) is considered satisfactory.
Reducing Debt: 3465's debt to equity ratio has increased from 0% to 62.2% over the past 5 years.
Debt Coverage: 3465's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: 3465 earns more interest than it pays, so coverage of interest payments is not a concern.