Kuo Toong International Balance Sheet Health
Financial Health criteria checks 5/6
Kuo Toong International has a total shareholder equity of NT$7.7B and total debt of NT$3.3B, which brings its debt-to-equity ratio to 42.6%. Its total assets and total liabilities are NT$12.8B and NT$5.2B respectively. Kuo Toong International's EBIT is NT$1.2B making its interest coverage ratio 142.3. It has cash and short-term investments of NT$2.1B.
Key information
42.6%
Debt to equity ratio
NT$3.26b
Debt
| Interest coverage ratio | 142.3x |
| Cash | NT$2.14b |
| Equity | NT$7.66b |
| Total liabilities | NT$5.19b |
| Total assets | NT$12.85b |
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$5.5B) exceed its short term liabilities (NT$2.8B).
Long Term Liabilities: 8936's short term assets (NT$5.5B) exceed its long term liabilities (NT$2.4B).
Debt to Equity History and Analysis
Debt Level: 8936's net debt to equity ratio (14.6%) is considered satisfactory.
Reducing Debt: 8936's debt to equity ratio has reduced from 58.7% to 42.6% over the past 5 years.
Debt Coverage: 8936's debt is not well covered by operating cash flow (6.6%).
Interest Coverage: 8936's interest payments on its debt are well covered by EBIT (142.3x coverage).