Symtek Automation Asia Balance Sheet Health
Financial Health criteria checks 6/6
Symtek Automation Asia has a total shareholder equity of NT$4.1B and total debt of NT$1.5B, which brings its debt-to-equity ratio to 36.7%. Its total assets and total liabilities are NT$7.9B and NT$3.9B respectively. Symtek Automation Asia's EBIT is NT$768.7M making its interest coverage ratio 103.4. It has cash and short-term investments of NT$1.9B.
Key information
36.7%
Debt to equity ratio
NT$1.50b
Debt
| Interest coverage ratio | 103.4x |
| Cash | NT$1.93b |
| Equity | NT$4.09b |
| Total liabilities | NT$3.86b |
| Total assets | NT$7.95b |
Recent financial health updates
Is Symtek Automation Asia (TPE:6438) Using Too Much Debt?
Apr 16
Symtek Automation Asia (GTSM:6438) Has A Pretty Healthy Balance Sheet
Jan 12Recent updates
Symtek Automation Asia Co., Ltd. (TWSE:6438) Shares Fly 28% But Investors Aren't Buying For Growth
Apr 12Is Symtek Automation Asia (TPE:6438) Using Too Much Debt?
Apr 16At NT$102, Is It Time To Put Symtek Automation Asia Co., Ltd. (TPE:6438) On Your Watch List?
Apr 01Do Its Financials Have Any Role To Play In Driving Symtek Automation Asia Co., Ltd.'s (TPE:6438) Stock Up Recently?
Mar 17Should Symtek Automation Asia Co., Ltd. (TPE:6438) Be Part Of Your Dividend Portfolio?
Mar 02We're Watching These Trends At Symtek Automation Asia (TPE:6438)
Feb 11Shareholders Of Symtek Automation Asia (TPE:6438) Must Be Happy With Their 164% Total Return
Jan 27
Symtek Automation Asia (GTSM:6438) Has A Pretty Healthy Balance Sheet
Jan 12Here's Why Symtek Automation Asia's (GTSM:6438) Statutory Earnings Are Arguably Too Conservative
Dec 28Has Symtek Automation Asia Co., Ltd.'s (GTSM:6438) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Dec 10Should You Or Shouldn't You: A Dividend Analysis on Symtek Automation Asia Co., Ltd. (GTSM:6438)
Nov 25Financial Position Analysis
Short Term Liabilities: 6438's short term assets (NT$5.4B) exceed its short term liabilities (NT$2.4B).
Long Term Liabilities: 6438's short term assets (NT$5.4B) exceed its long term liabilities (NT$1.4B).
Debt to Equity History and Analysis
Debt Level: 6438 has more cash than its total debt.
Reducing Debt: 6438's debt to equity ratio has reduced from 37.5% to 36.7% over the past 5 years.
Debt Coverage: 6438's debt is well covered by operating cash flow (39.8%).
Interest Coverage: 6438's interest payments on its debt are well covered by EBIT (103.4x coverage).