Asia Metal Industries Balance Sheet Health
Financial Health criteria checks 5/6
Asia Metal Industries has a total shareholder equity of NT$1.1B and total debt of NT$299.6M, which brings its debt-to-equity ratio to 27.5%. Its total assets and total liabilities are NT$3.0B and NT$1.9B respectively. Asia Metal Industries's EBIT is NT$96.7M making its interest coverage ratio -6.7. It has cash and short-term investments of NT$481.7M.
Key information
27.5%
Debt to equity ratio
NT$299.58m
Debt
| Interest coverage ratio | -6.7x |
| Cash | NT$481.66m |
| Equity | NT$1.09b |
| Total liabilities | NT$1.88b |
| Total assets | NT$2.97b |
Recent financial health updates
Recent updates
Why Dividend Hunters Love Asia Metal Industries, Inc. (GTSM:6727)
Mar 23
Does 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 03
Should 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$2.3B) exceed its short term liabilities (NT$1.7B).
Long Term Liabilities: 6727's short term assets (NT$2.3B) exceed its long term liabilities (NT$139.5M).
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 27.5% over the past 5 years.
Debt Coverage: 6727's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: 6727 earns more interest than it pays, so coverage of interest payments is not a concern.