Desiccant Technology Balance Sheet Health
Financial Health criteria checks 6/6
Desiccant Technology has a total shareholder equity of NT$1.6B and total debt of NT$75.7M, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are NT$3.0B and NT$1.5B respectively. Desiccant Technology's EBIT is NT$431.7M making its interest coverage ratio -21.1. It has cash and short-term investments of NT$1.7B.
Key information
4.9%
Debt to equity ratio
NT$75.71m
Debt
| Interest coverage ratio | -21.1x |
| Cash | NT$1.72b |
| Equity | NT$1.56b |
| Total liabilities | NT$1.48b |
| Total assets | NT$3.04b |
Recent financial health updates
No updates
Recent updates
Investors Don't See Light At End Of Desiccant Technology Corporation's (TWSE:5292) Tunnel
Sep 20
Desiccant Technology (TWSE:5292) Could Become A Multi-Bagger
Aug 06Desiccant Technology's (TWSE:5292) Solid Earnings Are Supported By Other Strong Factors
Mar 22We Like These Underlying Trends At Desiccant Technology (GTSM:5292)
Mar 10Are Strong Financial Prospects The Force That Is Driving The Momentum In Desiccant Technology Corporation's GTSM:5292) Stock?
Feb 03
Did Desiccant Technology's (GTSM:5292) Share Price Deserve to Gain 61%?
Jan 13Here's Why Desiccant Technology's (GTSM:5292) Statutory Earnings Are Arguably Too Conservative
Dec 23Should Desiccant Technology Corporation (GTSM:5292) Be Part Of Your Dividend Portfolio?
Nov 18Financial Position Analysis
Short Term Liabilities: 5292's short term assets (NT$2.6B) exceed its short term liabilities (NT$1.4B).
Long Term Liabilities: 5292's short term assets (NT$2.6B) exceed its long term liabilities (NT$50.0M).
Debt to Equity History and Analysis
Debt Level: 5292 has more cash than its total debt.
Reducing Debt: 5292's debt to equity ratio has reduced from 9.1% to 4.9% over the past 5 years.
Debt Coverage: 5292's debt is well covered by operating cash flow (803.4%).
Interest Coverage: 5292 earns more interest than it pays, so coverage of interest payments is not a concern.