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$269.3M making its interest coverage ratio -41.6. 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-41.6x
CashNT$869.92m
EquityNT$1.77b
Total liabilitiesNT$493.48m
Total assetsNT$2.26b

Recent financial health updates

Recent updates

FineTek's (GTSM:4549) Returns On Capital Are Heading Higher

Apr 23
FineTek's (GTSM:4549) Returns On Capital Are Heading Higher

Are Strong Financial Prospects The Force That Is Driving The Momentum In FineTek Co., Ltd.'s GTSM:4549) Stock?

Mar 18
Are Strong Financial Prospects The Force That Is Driving The Momentum In FineTek Co., Ltd.'s GTSM:4549) Stock?

Is FineTek (GTSM:4549) A Risky Investment?

Feb 22
Is FineTek (GTSM:4549) A Risky Investment?

Should You Buy FineTek Co., Ltd. (GTSM:4549) For Its 5.1% Dividend?

Feb 04
Should You Buy FineTek Co., Ltd. (GTSM:4549) For Its 5.1% Dividend?

Has FineTek (GTSM:4549) Got What It Takes To Become A Multi-Bagger?

Jan 18
Has FineTek (GTSM:4549) Got What It Takes To Become A Multi-Bagger?

Shareholders Of FineTek (GTSM:4549) Must Be Happy With Their 50% Return

Jan 04
Shareholders Of FineTek (GTSM:4549) Must Be Happy With Their 50% Return

Is FineTek Co., Ltd.'s (GTSM:4549) Recent Performance Tethered To Its Attractive Financial Prospects?

Dec 18
Is FineTek Co., Ltd.'s (GTSM:4549) Recent Performance Tethered To Its Attractive Financial Prospects?

We're Not So Sure You Should Rely on FineTek's (GTSM:4549) Statutory Earnings

Dec 03
We're Not So Sure You Should Rely on FineTek's (GTSM:4549) Statutory Earnings

FineTek (GTSM:4549) Seems To Use Debt Quite Sensibly

Nov 18
FineTek (GTSM:4549) Seems To Use Debt Quite Sensibly

Financial 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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