New Best Wire IndustrialLtd Balance Sheet Health
Financial Health criteria checks 6/6
New Best Wire IndustrialLtd has a total shareholder equity of NT$5.0B and total debt of NT$2.9B, which brings its debt-to-equity ratio to 57.2%. Its total assets and total liabilities are NT$8.6B and NT$3.6B respectively. New Best Wire IndustrialLtd's EBIT is NT$495.9M making its interest coverage ratio 11.1. It has cash and short-term investments of NT$1.1B.
Key information
57.2%
Debt to equity ratio
NT$2.87b
Debt
| Interest coverage ratio | 11.1x |
| Cash | NT$1.10b |
| Equity | NT$5.01b |
| Total liabilities | NT$3.57b |
| Total assets | NT$8.58b |
Recent financial health updates
Recent updates
Should You Buy New Best Wire Industrial Co.,Ltd (GTSM:5013) For Its Dividend?
Apr 27
Estimating The Intrinsic Value Of New Best Wire Industrial Co.,Ltd (GTSM:5013)
Apr 13New Best Wire IndustrialLtd's (GTSM:5013) Returns On Capital Not Reflecting Well On The Business
Mar 29New Best Wire Industrial Co.,Ltd's (GTSM:5013) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Mar 10The New Best Wire IndustrialLtd (GTSM:5013) Share Price Is Up 75% And Shareholders Are Holding On
Feb 19New Best Wire IndustrialLtd (GTSM:5013) Has A Somewhat Strained Balance Sheet
Feb 01Is New Best Wire Industrial Co.,Ltd (GTSM:5013) An Attractive Dividend Stock?
Jan 12Will New Best Wire IndustrialLtd (GTSM:5013) Multiply In Value Going Forward?
Dec 25Can Mixed Financials Have A Negative Impact on New Best Wire Industrial Co.,Ltd's 's (GTSM:5013) Current Price Momentum?
Dec 07Financial Position Analysis
Short Term Liabilities: 5013's short term assets (NT$5.1B) exceed its short term liabilities (NT$2.0B).
Long Term Liabilities: 5013's short term assets (NT$5.1B) exceed its long term liabilities (NT$1.6B).
Debt to Equity History and Analysis
Debt Level: 5013's net debt to equity ratio (35.4%) is considered satisfactory.
Reducing Debt: 5013's debt to equity ratio has reduced from 94.2% to 57.2% over the past 5 years.
Debt Coverage: 5013's debt is well covered by operating cash flow (29.3%).
Interest Coverage: 5013's interest payments on its debt are well covered by EBIT (11.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 11:50 |
| End of Day Share Price | 2024/12/23 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 |
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| 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
New Best Wire Industrial Co.,Ltd is covered by 0 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 |
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