Globe Union Industrial Balance Sheet Health
Financial Health criteria checks 4/6
Globe Union Industrial has a total shareholder equity of NT$5.9B and total debt of NT$3.6B, which brings its debt-to-equity ratio to 60.9%. Its total assets and total liabilities are NT$15.5B and NT$9.6B respectively. Globe Union Industrial's EBIT is NT$331.1M making its interest coverage ratio 1.8. It has cash and short-term investments of NT$3.0B.
Key information
60.9%
Debt to equity ratio
NT$3.59b
Debt
| Interest coverage ratio | 1.8x |
| Cash | NT$2.96b |
| Equity | NT$5.90b |
| Total liabilities | NT$9.59b |
| Total assets | NT$15.49b |
Recent financial health updates
No updates
Recent updates
Here's What's Concerning About Globe Union Industrial's (TWSE:9934) Returns On Capital
Apr 22
Globe 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$9.8B) exceed its short term liabilities (NT$6.4B).
Long Term Liabilities: 9934's short term assets (NT$9.8B) exceed its long term liabilities (NT$3.2B).
Debt to Equity History and Analysis
Debt Level: 9934's net debt to equity ratio (10.7%) is considered satisfactory.
Reducing Debt: 9934's debt to equity ratio has increased from 46.3% to 60.9% over the past 5 years.
Debt Coverage: 9934's debt is well covered by operating cash flow (58.2%).
Interest Coverage: 9934's interest payments on its debt are not well covered by EBIT (1.8x coverage).