Brighton-Best International (Taiwan) Balance Sheet Health
Financial Health criteria checks 5/6
Brighton-Best International (Taiwan) has a total shareholder equity of NT$28.6B and total debt of NT$12.9B, which brings its debt-to-equity ratio to 45.2%. Its total assets and total liabilities are NT$47.5B and NT$18.9B respectively. Brighton-Best International (Taiwan)'s EBIT is NT$3.8B making its interest coverage ratio -28.2. It has cash and short-term investments of NT$2.6B.
Key information
45.2%
Debt to equity ratio
NT$12.91b
Debt
| Interest coverage ratio | -28.2x |
| Cash | NT$2.55b |
| Equity | NT$28.56b |
| Total liabilities | NT$18.94b |
| Total assets | NT$47.50b |
Recent financial health updates
Brighton-Best International (Taiwan) (GTSM:8415) Has A Somewhat Strained Balance Sheet
Apr 14
Is Brighton-Best International (Taiwan) (GTSM:8415) Using Too Much Debt?
Dec 16
Recent updates
Brighton-Best International (Taiwan) (GTSM:8415) Has A Somewhat Strained Balance Sheet
Apr 14Has Brighton-Best International (Taiwan) (GTSM:8415) Got What It Takes To Become A Multi-Bagger?
Feb 18Do Investors Have Good Reason To Be Wary Of Brighton-Best International (Taiwan) Inc.'s (GTSM:8415) 5.5% Dividend Yield?
Jan 20Did You Participate In Any Of Brighton-Best International (Taiwan)'s (GTSM:8415) Fantastic 122% Return ?
Dec 31Is Brighton-Best International (Taiwan) (GTSM:8415) Using Too Much Debt?
Dec 16Should You Use Brighton-Best International (Taiwan)'s (GTSM:8415) Statutory Earnings To Analyse It?
Nov 19Financial Position Analysis
Short Term Liabilities: 8415's short term assets (NT$22.1B) exceed its short term liabilities (NT$10.5B).
Long Term Liabilities: 8415's short term assets (NT$22.1B) exceed its long term liabilities (NT$8.5B).
Debt to Equity History and Analysis
Debt Level: 8415's net debt to equity ratio (36.3%) is considered satisfactory.
Reducing Debt: 8415's debt to equity ratio has increased from 40% to 45.2% over the past 5 years.
Debt Coverage: 8415's debt is well covered by operating cash flow (43.4%).
Interest Coverage: 8415 earns more interest than it pays, so coverage of interest payments is not a concern.