FineTek Balance Sheet Health
Financial Health criteria checks 5/6
FineTek has a total shareholder equity of NT$1.8B and total debt of NT$205.4M, which brings its debt-to-equity ratio to 11.6%. Its total assets and total liabilities are NT$2.3B and NT$493.5M respectively. FineTek's EBIT is NT$269.7M making its interest coverage ratio -24.1. It has cash and short-term investments of NT$869.9M.
Key information
11.6%
Debt to equity ratio
NT$205.39m
Debt
| Interest coverage ratio | -24.1x |
| Cash | NT$869.91m |
| Equity | NT$1.77b |
| Total liabilities | NT$493.48m |
| Total assets | NT$2.26b |
Recent financial health updates
Is FineTek (GTSM:4549) A Risky Investment?
Feb 22
FineTek (GTSM:4549) Seems To Use Debt Quite Sensibly
Nov 18
Recent updates
FineTek's (GTSM:4549) Returns On Capital Are Heading Higher
Apr 23Are Strong Financial Prospects The Force That Is Driving The Momentum In FineTek Co., Ltd.'s GTSM:4549) Stock?
Mar 18Is FineTek (GTSM:4549) A Risky Investment?
Feb 22Should You Buy FineTek Co., Ltd. (GTSM:4549) For Its 5.1% Dividend?
Feb 04Has FineTek (GTSM:4549) Got What It Takes To Become A Multi-Bagger?
Jan 18Shareholders Of FineTek (GTSM:4549) Must Be Happy With Their 50% Return
Jan 04Is FineTek Co., Ltd.'s (GTSM:4549) Recent Performance Tethered To Its Attractive Financial Prospects?
Dec 18We're Not So Sure You Should Rely on FineTek's (GTSM:4549) Statutory Earnings
Dec 03FineTek (GTSM:4549) Seems To Use Debt Quite Sensibly
Nov 18Financial Position Analysis
Short Term Liabilities: 4549's short term assets (NT$1.3B) exceed its short term liabilities (NT$289.9M).
Long Term Liabilities: 4549's short term assets (NT$1.3B) exceed its long term liabilities (NT$203.5M).
Debt to Equity History and Analysis
Debt Level: 4549 has more cash than its total debt.
Reducing Debt: 4549's debt to equity ratio has increased from 4.6% to 11.6% over the past 5 years.
Debt Coverage: 4549's debt is well covered by operating cash flow (160.5%).
Interest Coverage: 4549 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 19:45 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
FineTek Co., Ltd. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Licheng Zhuang | Capital Securities Corporation |
| Grace Hsu | CL Securities Taiwan Company Limited |
| Chi Tsai | Jih Sun Securities Investment Consulting Co., Ltd. |