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 |
Cash | NT$869.92m |
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 22FineTek (GTSM:4549) Seems To Use Debt Quite Sensibly
Nov 18Recent 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.