ECOVE Environment Balance Sheet Health
Financial Health criteria checks 5/6
ECOVE Environment has a total shareholder equity of NT$6.8B and total debt of NT$2.5B, which brings its debt-to-equity ratio to 36%. Its total assets and total liabilities are NT$13.0B and NT$6.2B respectively. ECOVE Environment's EBIT is NT$1.5B making its interest coverage ratio -161.8. It has cash and short-term investments of NT$2.5B.
Key information
36.0%
Debt to equity ratio
NT$2.45b
Debt
| Interest coverage ratio | -161.8x |
| Cash | NT$2.51b |
| Equity | NT$6.81b |
| Total liabilities | NT$6.18b |
| Total assets | NT$12.99b |
Recent financial health updates
Recent updates
ECOVE Environment (GTSM:6803) Could Easily Take On More Debt
Apr 20
The Returns At ECOVE Environment (GTSM:6803) Aren't Growing
Apr 01Is ECOVE Environment Corp.'s (GTSM:6803) 4.9% Dividend Worth Your Time?
Mar 12Shareholders Of ECOVE Environment (GTSM:6803) Must Be Happy With Their 74% Return
Feb 24Should Weakness in ECOVE Environment Corp.'s (GTSM:6803) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Feb 03
Financial Position Analysis
Short Term Liabilities: 6803's short term assets (NT$5.0B) exceed its short term liabilities (NT$2.7B).
Long Term Liabilities: 6803's short term assets (NT$5.0B) exceed its long term liabilities (NT$3.5B).
Debt to Equity History and Analysis
Debt Level: 6803 has more cash than its total debt.
Reducing Debt: 6803's debt to equity ratio has increased from 33.4% to 36% over the past 5 years.
Debt Coverage: 6803's debt is well covered by operating cash flow (90.6%).
Interest Coverage: 6803 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 16:13 |
| End of Day Share Price | 2025/01/08 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ECOVE Environment Corp. is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jihong Lai | Capital Securities Corporation |
| Hsiang-Yin Hou | Jih Sun Securities Investment Consulting Co., Ltd. |
| Frank Lin | KGI Securities Co. Ltd. |