Tech-Top Engineering Balance Sheet Health
Financial Health criteria checks 3/6
Tech-Top Engineering has a total shareholder equity of NT$652.4M and total debt of NT$652.2M, which brings its debt-to-equity ratio to 100%. Its total assets and total liabilities are NT$3.0B and NT$2.4B respectively. Tech-Top Engineering's EBIT is NT$147.6M making its interest coverage ratio 9. It has cash and short-term investments of NT$352.6M.
Key information
100.0%
Debt to equity ratio
NT$652.21m
Debt
Interest coverage ratio | 9x |
Cash | NT$352.58m |
Equity | NT$652.36m |
Total liabilities | NT$2.36b |
Total assets | NT$3.01b |
Recent financial health updates
No updates
Recent updates
Here's What You Should Know About Tech-Top Engineering CO., LTD's (GTSM:6750) 1.8% Dividend Yield
Mar 11Here’s What’s Happening With Returns At Tech-Top Engineering (GTSM:6750)
Jan 13Should Weakness in Tech-Top Engineering CO., LTD's (GTSM:6750) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Dec 10Financial Position Analysis
Short Term Liabilities: 6750's short term assets (NT$2.4B) exceed its short term liabilities (NT$2.0B).
Long Term Liabilities: 6750's short term assets (NT$2.4B) exceed its long term liabilities (NT$340.1M).
Debt to Equity History and Analysis
Debt Level: 6750's net debt to equity ratio (45.9%) is considered high.
Reducing Debt: 6750's debt to equity ratio has increased from 87.8% to 100% over the past 5 years.
Debt Coverage: 6750's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: 6750's interest payments on its debt are well covered by EBIT (9x coverage).