G-SHANK Enterprise Balance Sheet Health
Financial Health criteria checks 5/6
G-SHANK Enterprise has a total shareholder equity of NT$6.8B and total debt of NT$1.2B, which brings its debt-to-equity ratio to 17.9%. Its total assets and total liabilities are NT$9.8B and NT$3.1B respectively. G-SHANK Enterprise's EBIT is NT$758.0M making its interest coverage ratio -4.9. It has cash and short-term investments of NT$5.2B.
Key information
17.9%
Debt to equity ratio
NT$1.21b
Debt
| Interest coverage ratio | -4.9x |
| Cash | NT$5.18b |
| Equity | NT$6.75b |
| Total liabilities | NT$3.07b |
| Total assets | NT$9.82b |
Recent financial health updates
Recent updates
G-SHANK Enterprise's (TWSE:2476) Weak Earnings May Only Reveal A Part Of The Whole Picture
Mar 15
Our Take On The Returns On Capital At G-SHANK Enterprise (TPE:2476)
Mar 07Is G-SHANK Enterprise (TPE:2476) Using Too Much Debt?
Feb 17Tread With Caution Around G-SHANK Enterprise Co., Ltd.'s (TPE:2476) 5.2% Dividend Yield
Feb 02A Look At G-SHANK Enterprise's (TPE:2476) Share Price Returns
Jan 17Could G-SHANK Enterprise Co., Ltd.'s (TPE:2476) Weak Financials Mean That The Market Could Correct Its Share Price?
Jan 04
A Look At The Intrinsic Value Of G-SHANK Enterprise Co., Ltd. (TPE:2476)
Dec 21Should You Use G-SHANK Enterprise's (TPE:2476) Statutory Earnings To Analyse It?
Dec 06The Trends At G-SHANK Enterprise (TPE:2476) That You Should Know About
Nov 18Financial Position Analysis
Short Term Liabilities: 2476's short term assets (NT$7.5B) exceed its short term liabilities (NT$2.3B).
Long Term Liabilities: 2476's short term assets (NT$7.5B) exceed its long term liabilities (NT$772.7M).
Debt to Equity History and Analysis
Debt Level: 2476 has more cash than its total debt.
Reducing Debt: 2476's debt to equity ratio has increased from 15.2% to 17.9% over the past 5 years.
Debt Coverage: 2476's debt is well covered by operating cash flow (52.4%).
Interest Coverage: 2476 earns more interest than it pays, so coverage of interest payments is not a concern.