Globe Union Industrial Balance Sheet Health
Financial Health criteria checks 5/6
Globe Union Industrial has a total shareholder equity of NT$6.2B and total debt of NT$3.6B, which brings its debt-to-equity ratio to 57.6%. Its total assets and total liabilities are NT$16.7B and NT$10.5B respectively. Globe Union Industrial's EBIT is NT$692.4M making its interest coverage ratio 4.2. It has cash and short-term investments of NT$3.7B.
Key information
57.6%
Debt to equity ratio
NT$3.59b
Debt
| Interest coverage ratio | 4.2x |
| Cash | NT$3.65b |
| Equity | NT$6.24b |
| Total liabilities | NT$10.45b |
| Total assets | NT$16.69b |
Recent financial health updates
No updates
Recent updates
Globe Union Industrial (TWSE:9934) Could Be Struggling To Allocate Capital
Aug 09
Here's What's Concerning About Globe Union Industrial's (TWSE:9934) Returns On Capital
Apr 22Globe Union Industrial (TWSE:9934) Strong Profits May Be Masking Some Underlying Issues
Mar 19Slowing Rates Of Return At Globe Union Industrial (TPE:9934) Leave Little Room For Excitement
Apr 07Is Globe Union Industrial Corp. (TPE:9934) A Risky Dividend Stock?
Dec 31Is Globe Union Industrial (TPE:9934) Struggling?
Dec 01Financial Position Analysis
Short Term Liabilities: 9934's short term assets (NT$10.8B) exceed its short term liabilities (NT$7.6B).
Long Term Liabilities: 9934's short term assets (NT$10.8B) exceed its long term liabilities (NT$2.8B).
Debt to Equity History and Analysis
Debt Level: 9934 has more cash than its total debt.
Reducing Debt: 9934's debt to equity ratio has increased from 49.3% to 57.6% over the past 5 years.
Debt Coverage: 9934's debt is well covered by operating cash flow (59.9%).
Interest Coverage: 9934's interest payments on its debt are well covered by EBIT (4.2x coverage).