JG Environmental TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
JG Environmental TechnologyLtd has a total shareholder equity of NT$390.3M and total debt of NT$89.1M, which brings its debt-to-equity ratio to 22.8%. Its total assets and total liabilities are NT$816.8M and NT$426.5M respectively. JG Environmental TechnologyLtd's EBIT is NT$84.3M making its interest coverage ratio 45.3. It has cash and short-term investments of NT$99.6M.
Key information
22.8%
Debt to equity ratio
NT$89.11m
Debt
| Interest coverage ratio | 45.3x |
| Cash | NT$99.55m |
| Equity | NT$390.27m |
| Total liabilities | NT$426.54m |
| Total assets | NT$816.81m |
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$627.1M) exceed its short term liabilities (NT$369.3M).
Long Term Liabilities: 6723's short term assets (NT$627.1M) exceed its long term liabilities (NT$57.2M).
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 reduced from 26.3% to 22.8% over the past 5 years.
Debt Coverage: 6723's debt is well covered by operating cash flow (69.1%).
Interest Coverage: 6723's interest payments on its debt are well covered by EBIT (45.3x coverage).