Acmepoint Energy ServicesLTD Balance Sheet Health
Financial Health criteria checks 4/6
Acmepoint Energy ServicesLTD has a total shareholder equity of NT$827.8M and total debt of NT$312.7M, which brings its debt-to-equity ratio to 37.8%. Its total assets and total liabilities are NT$2.2B and NT$1.4B respectively. Acmepoint Energy ServicesLTD's EBIT is NT$22.0M making its interest coverage ratio 13.1. It has cash and short-term investments of NT$87.4M.
Key information
37.8%
Debt to equity ratio
NT$312.73m
Debt
Interest coverage ratio | 13.1x |
Cash | NT$87.35m |
Equity | NT$827.83m |
Total liabilities | NT$1.37b |
Total assets | NT$2.20b |
Recent financial health updates
No updates
Recent updates
Did Acmepoint Energy ServicesLtd's (GTSM:6692) Share Price Deserve to Gain 47%?
Mar 19Are Strong Financial Prospects The Force That Is Driving The Momentum In Acmepoint Energy Services Co.,Ltd.'s GTSM:6692) Stock?
Feb 12Can Acmepoint Energy ServicesLtd (GTSM:6692) Continue To Grow Its Returns On Capital?
Jan 08Is Acmepoint Energy Services Co.,Ltd.'s (GTSM:6692) 4.5% Dividend Worth Your Time?
Dec 10Financial Position Analysis
Short Term Liabilities: 6692's short term assets (NT$1.8B) exceed its short term liabilities (NT$1.2B).
Long Term Liabilities: 6692's short term assets (NT$1.8B) exceed its long term liabilities (NT$186.9M).
Debt to Equity History and Analysis
Debt Level: 6692's net debt to equity ratio (27.2%) is considered satisfactory.
Reducing Debt: 6692's debt to equity ratio has increased from 15.7% to 37.8% over the past 5 years.
Debt Coverage: 6692's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6692's interest payments on its debt are well covered by EBIT (13.1x coverage).