Grand-Tek Technology Balance Sheet Health
Financial Health criteria checks 6/6
Grand-Tek Technology has a total shareholder equity of NT$605.3M and total debt of NT$137.0M, which brings its debt-to-equity ratio to 22.6%. Its total assets and total liabilities are NT$948.0M and NT$342.6M respectively. Grand-Tek Technology's EBIT is NT$40.3M making its interest coverage ratio 24.4. It has cash and short-term investments of NT$226.5M.
Key information
22.6%
Debt to equity ratio
NT$137.02m
Debt
| Interest coverage ratio | 24.4x |
| Cash | NT$226.49m |
| Equity | NT$605.32m |
| Total liabilities | NT$342.65m |
| Total assets | NT$947.97m |
Recent financial health updates
We Think Grand-Tek Technology (GTSM:3684) Can Stay On Top Of Its Debt
Mar 15
Is Grand-Tek Technology (GTSM:3684) Using Too Much Debt?
Dec 11
Recent updates
Investors Could Be Concerned With Grand-Tek Technology's (GTSM:3684) Returns On Capital
Apr 05We Think Grand-Tek Technology (GTSM:3684) Can Stay On Top Of Its Debt
Mar 15Has Grand-Tek Technology Co., Ltd.'s (GTSM:3684) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Feb 21Is Grand-Tek Technology Co., Ltd. (GTSM:3684) An Attractive Dividend Stock?
Jan 31Has Grand-Tek Technology (GTSM:3684) Got What It Takes To Become A Multi-Bagger?
Jan 01Is Grand-Tek Technology (GTSM:3684) Using Too Much Debt?
Dec 11Grand-Tek Technology Co., Ltd.'s (GTSM:3684) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
Nov 20Financial Position Analysis
Short Term Liabilities: 3684's short term assets (NT$470.5M) exceed its short term liabilities (NT$196.1M).
Long Term Liabilities: 3684's short term assets (NT$470.5M) exceed its long term liabilities (NT$146.5M).
Debt to Equity History and Analysis
Debt Level: 3684 has more cash than its total debt.
Reducing Debt: 3684's debt to equity ratio has reduced from 69.2% to 22.6% over the past 5 years.
Debt Coverage: 3684's debt is well covered by operating cash flow (29.5%).
Interest Coverage: 3684's interest payments on its debt are well covered by EBIT (24.4x coverage).