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$176.9M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are NT$2.2B and NT$446.7M respectively. FineTek's EBIT is NT$312.1M making its interest coverage ratio -37.8. It has cash and short-term investments of NT$769.2M.
Key information
10.0%
Debt to equity ratio
NT$176.92m
Debt
| Interest coverage ratio | -37.8x |
| Cash | NT$769.25m |
| Equity | NT$1.78b |
| Total liabilities | NT$446.69m |
| Total assets | NT$2.22b |
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$232.8M).
Long Term Liabilities: 4549's short term assets (NT$1.3B) exceed its long term liabilities (NT$213.9M).
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 0.4% to 10% over the past 5 years.
Debt Coverage: 4549's debt is well covered by operating cash flow (144.6%).
Interest Coverage: 4549 earns more interest than it pays, so coverage of interest payments is not a concern.