Wonderful Hi-tech Balance Sheet Health
Financial Health criteria checks 6/6
Wonderful Hi-tech has a total shareholder equity of NT$2.9B and total debt of NT$1.6B, which brings its debt-to-equity ratio to 55.2%. Its total assets and total liabilities are NT$5.6B and NT$2.7B respectively. Wonderful Hi-tech's EBIT is NT$351.2M making its interest coverage ratio 8.1. It has cash and short-term investments of NT$748.4M.
Key information
55.2%
Debt to equity ratio
NT$1.62b
Debt
| Interest coverage ratio | 8.1x |
| Cash | NT$748.43m |
| Equity | NT$2.93b |
| Total liabilities | NT$2.69b |
| Total assets | NT$5.62b |
Recent financial health updates
Recent updates
Is Wonderful Hi-tech Co., Ltd. (GTSM:6190) A Risky Dividend Stock?
Mar 17
Here’s What’s Happening With Returns At Wonderful Hi-tech (GTSM:6190)
Feb 26Is Wonderful Hi-tech (GTSM:6190) Using Too Much Debt?
Feb 08Wonderful Hi-tech Co., Ltd.'s (GTSM:6190) Stock Is Going Strong: Have Financials A Role To Play?
Jan 19Shareholders Of Wonderful Hi-tech (GTSM:6190) Must Be Happy With Their 278% Total Return
Jan 01
Is Wonderful Hi-tech Co., Ltd. (GTSM:6190) A Strong Dividend Stock?
Dec 14Can Wonderful Hi-tech (GTSM:6190) Continue To Grow Its Returns On Capital?
Nov 23Financial Position Analysis
Short Term Liabilities: 6190's short term assets (NT$3.6B) exceed its short term liabilities (NT$1.5B).
Long Term Liabilities: 6190's short term assets (NT$3.6B) exceed its long term liabilities (NT$1.2B).
Debt to Equity History and Analysis
Debt Level: 6190's net debt to equity ratio (29.7%) is considered satisfactory.
Reducing Debt: 6190's debt to equity ratio has reduced from 62% to 55.2% over the past 5 years.
Debt Coverage: 6190's debt is well covered by operating cash flow (54.5%).
Interest Coverage: 6190's interest payments on its debt are well covered by EBIT (8.1x coverage).