JG Environmental TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
JG Environmental TechnologyLtd has a total shareholder equity of NT$343.7M and total debt of NT$82.5M, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are NT$774.7M and NT$431.0M respectively. JG Environmental TechnologyLtd's EBIT is NT$14.0M making its interest coverage ratio 12.1. It has cash and short-term investments of NT$103.4M.
Key information
24.0%
Debt to equity ratio
NT$82.47m
Debt
| Interest coverage ratio | 12.1x |
| Cash | NT$103.41m |
| Equity | NT$343.73m |
| Total liabilities | NT$430.98m |
| Total assets | NT$774.71m |
Recent financial health updates
No updates
Recent updates
Read This Before Buying JG Environmental Technology Co.,Ltd. (GTSM:6723) For Its Dividend
Apr 05
Is JG Environmental Technology Co.,Ltd.'s (GTSM:6723) Recent Performance Tethered To Its Attractive Financial Prospects?
Feb 10
Why We Like The Returns At JG Environmental TechnologyLtd (GTSM:6723)
Jan 12JG Environmental TechnologyLtd's (GTSM:6723) Earnings Are Growing But Is There More To The Story?
Dec 15Looking For Steady Income For Your Dividend Portfolio? Is JG Environmental Technology Co.,Ltd. (GTSM:6723) A Good Fit?
Nov 25Financial Position Analysis
Short Term Liabilities: 6723's short term assets (NT$581.8M) exceed its short term liabilities (NT$377.5M).
Long Term Liabilities: 6723's short term assets (NT$581.8M) exceed its long term liabilities (NT$53.5M).
Debt to Equity History and Analysis
Debt Level: 6723 has more cash than its total debt.
Reducing Debt: 6723's debt to equity ratio has increased from 15.9% to 24% over the past 5 years.
Debt Coverage: 6723's debt is well covered by operating cash flow (208.5%).
Interest Coverage: 6723's interest payments on its debt are well covered by EBIT (12.1x coverage).