OFCO Industrial Balance Sheet Health
Financial Health criteria checks 4/6
OFCO Industrial has a total shareholder equity of NT$2.5B and total debt of NT$1.3B, which brings its debt-to-equity ratio to 53%. Its total assets and total liabilities are NT$5.5B and NT$3.0B respectively.
Key information
53.0%
Debt to equity ratio
NT$1.32b
Debt
Interest coverage ratio | n/a |
Cash | NT$983.44m |
Equity | NT$2.49b |
Total liabilities | NT$3.04b |
Total assets | NT$5.53b |
Recent financial health updates
Here's Why OFCO Industrial (GTSM:5011) Can Afford Some Debt
Mar 08Here's Why OFCO Industrial (GTSM:5011) Can Afford Some Debt
Nov 20Recent updates
Financial Position Analysis
Short Term Liabilities: 5011's short term assets (NT$2.6B) exceed its short term liabilities (NT$2.2B).
Long Term Liabilities: 5011's short term assets (NT$2.6B) exceed its long term liabilities (NT$808.9M).
Debt to Equity History and Analysis
Debt Level: 5011's net debt to equity ratio (13.4%) is considered satisfactory.
Reducing Debt: 5011's debt to equity ratio has reduced from 126.6% to 53% over the past 5 years.
Debt Coverage: 5011's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 5011's interest payments on its debt are well covered by EBIT.