Goodway Machine Balance Sheet Health
Financial Health criteria checks 5/6
Goodway Machine has a total shareholder equity of NT$7.4B and total debt of NT$4.4B, which brings its debt-to-equity ratio to 60.4%. Its total assets and total liabilities are NT$14.1B and NT$6.8B respectively. Goodway Machine's EBIT is NT$167.0M making its interest coverage ratio -4.1. It has cash and short-term investments of NT$3.7B.
Key information
60.4%
Debt to equity ratio
NT$4.44b
Debt
| Interest coverage ratio | -4.1x |
| Cash | NT$3.75b |
| Equity | NT$7.35b |
| Total liabilities | NT$6.78b |
| Total assets | NT$14.13b |
Recent financial health updates
Goodway Machine (TPE:1583) Has A Somewhat Strained Balance Sheet
Mar 22
Goodway Machine (TPE:1583) Has A Somewhat Strained Balance Sheet
Nov 27
Recent updates
Goodway Machine's (TWSE:1583) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 20Goodway Machine (TWSE:1583) Is Increasing Its Dividend To NT$4.00
Aug 13Goodway Machine's (TWSE:1583) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 27Goodway Machine's (TWSE:1583) Dividend Will Be Increased To NT$4.00
Jul 12We Think That There Are Some Issues For Goodway Machine (TWSE:1583) Beyond Its Promising Earnings
Mar 21Goodway Machine's (TPE:1583) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Apr 06Goodway Machine (TPE:1583) Has A Somewhat Strained Balance Sheet
Mar 22How Does Goodway Machine Corp. (TPE:1583) Fare As A Dividend Stock?
Mar 07Goodway Machine Corp. (TPE:1583) On An Uptrend: Could Fundamentals Be Driving The Stock?
Feb 17What Percentage Of Goodway Machine Corp. (TPE:1583) Shares Do Insiders Own?
Feb 03Here's Why We Don't Think Goodway Machine's (TPE:1583) Statutory Earnings Reflect Its Underlying Earnings Potential
Jan 21Shareholders Of Goodway Machine (TPE:1583) Must Be Happy With Their 33% Return
Jan 07Here's What's Concerning About Goodway Machine (TPE:1583)
Dec 25Goodway Machine (TPE:1583) Has A Somewhat Strained Balance Sheet
Nov 27Financial Position Analysis
Short Term Liabilities: 1583's short term assets (NT$9.3B) exceed its short term liabilities (NT$5.5B).
Long Term Liabilities: 1583's short term assets (NT$9.3B) exceed its long term liabilities (NT$1.3B).
Debt to Equity History and Analysis
Debt Level: 1583's net debt to equity ratio (9.5%) is considered satisfactory.
Reducing Debt: 1583's debt to equity ratio has reduced from 82.9% to 60.4% over the past 5 years.
Debt Coverage: 1583's debt is not well covered by operating cash flow (8.1%).
Interest Coverage: 1583 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 17:33 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Goodway Machine Corp. is covered by 9 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Xuanyi Yang | Capital Securities Corporation |
| Leonne Chen | CLSA |
| Ming Hong Chu | Grand Cathay Securities Corporation |