Tech-Top Engineering Balance Sheet Health
Financial Health criteria checks 6/6
Tech-Top Engineering has a total shareholder equity of NT$740.4M and total debt of NT$409.4M, which brings its debt-to-equity ratio to 55.3%. Its total assets and total liabilities are NT$2.9B and NT$2.2B respectively. Tech-Top Engineering's EBIT is NT$221.4M making its interest coverage ratio 19.1. It has cash and short-term investments of NT$508.2M.
Key information
55.3%
Debt to equity ratio
NT$409.45m
Debt
| Interest coverage ratio | 19.1x |
| Cash | NT$508.21m |
| Equity | NT$740.37m |
| Total liabilities | NT$2.21b |
| Total assets | NT$2.95b |
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 11
Here’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$2.3B) exceed its short term liabilities (NT$1.8B).
Long Term Liabilities: 6750's short term assets (NT$2.3B) exceed its long term liabilities (NT$398.1M).
Debt to Equity History and Analysis
Debt Level: 6750 has more cash than its total debt.
Reducing Debt: 6750's debt to equity ratio has reduced from 69.4% to 55.3% over the past 5 years.
Debt Coverage: 6750's debt is well covered by operating cash flow (121%).
Interest Coverage: 6750's interest payments on its debt are well covered by EBIT (19.1x coverage).