Globe Union Industrial Balance Sheet Health
Financial Health criteria checks 5/6
Globe Union Industrial has a total shareholder equity of NT$6.3B and total debt of NT$3.9B, which brings its debt-to-equity ratio to 61.2%. Its total assets and total liabilities are NT$16.6B and NT$10.3B respectively. Globe Union Industrial's EBIT is NT$667.4M making its interest coverage ratio 4.2. It has cash and short-term investments of NT$3.8B.
Key information
61.2%
Debt to equity ratio
NT$3.86b
Debt
| Interest coverage ratio | 4.2x |
| Cash | NT$3.81b |
| Equity | NT$6.30b |
| Total liabilities | NT$10.33b |
| Total assets | NT$16.64b |
Recent financial health updates
No updates
Recent updates
Globe Union Industrial (TWSE:9934) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Nov 20
Here's What To Make Of Globe Union Industrial's (TWSE:9934) Decelerating Rates Of Return
Nov 12Globe Union Industrial (TWSE:9934) Could Be Struggling To Allocate Capital
Aug 09Here'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$10.9B) exceed its short term liabilities (NT$7.7B).
Long Term Liabilities: 9934's short term assets (NT$10.9B) exceed its long term liabilities (NT$2.6B).
Debt to Equity History and Analysis
Debt Level: 9934's net debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: 9934's debt to equity ratio has increased from 55.3% to 61.2% over the past 5 years.
Debt Coverage: 9934's debt is well covered by operating cash flow (53.3%).
Interest Coverage: 9934's interest payments on its debt are well covered by EBIT (4.2x coverage).