Wonderful Hi-tech Balance Sheet Health
Financial Health criteria checks 4/6
Wonderful Hi-tech has a total shareholder equity of NT$3.5B and total debt of NT$2.1B, which brings its debt-to-equity ratio to 60.2%. Its total assets and total liabilities are NT$6.6B and NT$3.2B respectively. Wonderful Hi-tech's EBIT is NT$513.3M making its interest coverage ratio 13.6. It has cash and short-term investments of NT$573.7M.
Key information
60.2%
Debt to equity ratio
NT$2.08b
Debt
| Interest coverage ratio | 13.6x |
| Cash | NT$573.69m |
| Equity | NT$3.46b |
| Total liabilities | NT$3.18b |
| Total assets | NT$6.64b |
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$4.5B) exceed its short term liabilities (NT$2.0B).
Long Term Liabilities: 6190's short term assets (NT$4.5B) exceed its long term liabilities (NT$1.2B).
Debt to Equity History and Analysis
Debt Level: 6190's net debt to equity ratio (43.6%) is considered high.
Reducing Debt: 6190's debt to equity ratio has reduced from 66.5% to 60.2% over the past 5 years.
Debt Coverage: 6190's debt is not well covered by operating cash flow (0.3%).
Interest Coverage: 6190's interest payments on its debt are well covered by EBIT (13.6x coverage).