Highlight Tech Balance Sheet Health
Financial Health criteria checks 4/6
Highlight Tech has a total shareholder equity of NT$3.7B and total debt of NT$2.5B, which brings its debt-to-equity ratio to 66.1%. Its total assets and total liabilities are NT$7.3B and NT$3.6B respectively. Highlight Tech's EBIT is NT$520.0M making its interest coverage ratio 17.6. It has cash and short-term investments of NT$852.6M.
Key information
66.1%
Debt to equity ratio
NT$2.47b
Debt
| Interest coverage ratio | 17.6x |
| Cash | NT$852.65m |
| Equity | NT$3.74b |
| Total liabilities | NT$3.61b |
| Total assets | NT$7.35b |
Recent financial health updates
Highlight Tech (GTSM:6208) Has A Somewhat Strained Balance Sheet
Apr 06
We Think Highlight Tech (GTSM:6208) Is Taking Some Risk With Its Debt
Dec 23
Recent updates
Would Highlight Tech Corp. (GTSM:6208) Be Valuable To Income Investors?
Apr 29Highlight Tech (GTSM:6208) Has A Somewhat Strained Balance Sheet
Apr 06Is Highlight Tech (GTSM:6208) Likely To Turn Things Around?
Mar 19Highlight Tech Corp.'s (GTSM:6208) Stock Is Going Strong: Is the Market Following Fundamentals?
Mar 02Shareholders of Highlight Tech (GTSM:6208) Must Be Delighted With Their 361% Total Return
Feb 09Is There More To The Story Than Highlight Tech's (GTSM:6208) Earnings Growth?
Jan 25What To Know Before Buying Highlight Tech Corp. (GTSM:6208) For Its Dividend
Jan 08We Think Highlight Tech (GTSM:6208) Is Taking Some Risk With Its Debt
Dec 23Highlight Tech Corp.'s (GTSM:6208) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?
Nov 20Financial Position Analysis
Short Term Liabilities: 6208's short term assets (NT$3.4B) exceed its short term liabilities (NT$1.6B).
Long Term Liabilities: 6208's short term assets (NT$3.4B) exceed its long term liabilities (NT$2.0B).
Debt to Equity History and Analysis
Debt Level: 6208's net debt to equity ratio (43.3%) is considered high.
Reducing Debt: 6208's debt to equity ratio has increased from 17.4% to 66.1% over the past 5 years.
Debt Coverage: 6208's debt is well covered by operating cash flow (20.3%).
Interest Coverage: 6208's interest payments on its debt are well covered by EBIT (17.6x coverage).