Xxentria Technology Materials Balance Sheet Health
Financial Health criteria checks 5/6
Xxentria Technology Materials has a total shareholder equity of NT$10.1B and total debt of NT$4.2B, which brings its debt-to-equity ratio to 41.9%. Its total assets and total liabilities are NT$15.8B and NT$5.7B respectively. Xxentria Technology Materials's EBIT is NT$1.6B making its interest coverage ratio -8.9. It has cash and short-term investments of NT$2.1B.
Key information
41.9%
Debt to equity ratio
NT$4.25b
Debt
| Interest coverage ratio | -8.9x |
| Cash | NT$2.12b |
| Equity | NT$10.14b |
| Total liabilities | NT$5.70b |
| Total assets | NT$15.84b |
Recent financial health updates
Recent updates
Xxentria Technology Materials (GTSM:8942) May Have Issues Allocating Its Capital
Apr 14
Weak Statutory Earnings May Not Tell The Whole Story For Xxentria Technology Materials (GTSM:8942)
Mar 24Xxentria Technology Materials Co., Ltd.'s (GTSM:8942) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Feb 25Xxentria Technology Materials (GTSM:8942) Has A Pretty Healthy Balance Sheet
Jan 28Is Xxentria Technology Materials (GTSM:8942) Set To Make A Turnaround?
Dec 17What Type Of Returns Would Xxentria Technology Materials' (GTSM:8942) Shareholders Have Received Over The Course Of The Last Five Years?
Nov 18
Financial Position Analysis
Short Term Liabilities: 8942's short term assets (NT$6.0B) exceed its short term liabilities (NT$4.2B).
Long Term Liabilities: 8942's short term assets (NT$6.0B) exceed its long term liabilities (NT$1.5B).
Debt to Equity History and Analysis
Debt Level: 8942's net debt to equity ratio (21%) is considered satisfactory.
Reducing Debt: 8942's debt to equity ratio has increased from 36.9% to 41.9% over the past 5 years.
Debt Coverage: 8942's debt is well covered by operating cash flow (20.6%).
Interest Coverage: 8942 earns more interest than it pays, so coverage of interest payments is not a concern.