Kuo Toong International Balance Sheet Health
Financial Health criteria checks 6/6
Kuo Toong International has a total shareholder equity of NT$7.4B and total debt of NT$2.8B, which brings its debt-to-equity ratio to 37.8%. Its total assets and total liabilities are NT$11.8B and NT$4.4B respectively. Kuo Toong International's EBIT is NT$1.3B making its interest coverage ratio 216.7. It has cash and short-term investments of NT$1.4B.
Key information
37.8%
Debt to equity ratio
NT$2.79b
Debt
| Interest coverage ratio | 216.7x |
| Cash | NT$1.42b |
| Equity | NT$7.38b |
| Total liabilities | NT$4.45b |
| Total assets | NT$11.83b |
Recent financial health updates
Recent updates
Kuo Toong International (GTSM:8936) Hasn't Managed To Accelerate Its Returns
Apr 06
Does Kuo Toong International's (GTSM:8936) Share Price Gain of 66% Match Its Business Performance?
Feb 25Do Fundamentals Have Any Role To Play In Driving Kuo Toong International Co., Ltd.'s (GTSM:8936) Stock Up Recently?
Jan 28
Should You Be Impressed By Kuo Toong International's (GTSM:8936) Returns on Capital?
Dec 23Kuo Toong International (GTSM:8936) Has A Somewhat Strained Balance Sheet
Nov 25Financial Position Analysis
Short Term Liabilities: 8936's short term assets (NT$5.4B) exceed its short term liabilities (NT$1.9B).
Long Term Liabilities: 8936's short term assets (NT$5.4B) exceed its long term liabilities (NT$2.5B).
Debt to Equity History and Analysis
Debt Level: 8936's net debt to equity ratio (18.5%) is considered satisfactory.
Reducing Debt: 8936's debt to equity ratio has reduced from 61.5% to 37.8% over the past 5 years.
Debt Coverage: 8936's debt is well covered by operating cash flow (33.7%).
Interest Coverage: 8936's interest payments on its debt are well covered by EBIT (216.7x coverage).