Asia Metal Industries Balance Sheet Health
Financial Health criteria checks 6/6
Asia Metal Industries has a total shareholder equity of NT$1.2B and total debt of NT$247.7M, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are NT$2.9B and NT$1.7B respectively. Asia Metal Industries's EBIT is NT$100.9M making its interest coverage ratio -9.2. It has cash and short-term investments of NT$642.8M.
Key information
21.2%
Debt to equity ratio
NT$247.68m
Debt
Interest coverage ratio | -9.2x |
Cash | NT$642.78m |
Equity | NT$1.17b |
Total liabilities | NT$1.70b |
Total assets | NT$2.86b |
Recent financial health updates
Recent updates
Why Dividend Hunters Love Asia Metal Industries, Inc. (GTSM:6727)
Mar 23Does Asia Metal Industries (GTSM:6727) Have The DNA Of A Multi-Bagger?
Feb 24Does Asia Metal Industries (GTSM:6727) Have A Healthy Balance Sheet?
Feb 03Should You Use Asia Metal Industries's (GTSM:6727) Statutory Earnings To Analyse It?
Jan 12Why Asia Metal Industries, Inc. (GTSM:6727) Is A Top Dividend Stock
Dec 15Could The Market Be Wrong About Asia Metal Industries, Inc. (GTSM:6727) Given Its Attractive Financial Prospects?
Nov 25Financial Position Analysis
Short Term Liabilities: 6727's short term assets (NT$2.2B) exceed its short term liabilities (NT$1.6B).
Long Term Liabilities: 6727's short term assets (NT$2.2B) exceed its long term liabilities (NT$132.9M).
Debt to Equity History and Analysis
Debt Level: 6727 has more cash than its total debt.
Reducing Debt: 6727's debt to equity ratio has reduced from 44.7% to 21.2% over the past 5 years.
Debt Coverage: 6727's debt is well covered by operating cash flow (91.7%).
Interest Coverage: 6727 earns more interest than it pays, so coverage of interest payments is not a concern.