Polygreen Resources Balance Sheet Health
Financial Health criteria checks 3/6
Polygreen Resources has a total shareholder equity of NT$375.5M and total debt of NT$264.2M, which brings its debt-to-equity ratio to 70.4%. Its total assets and total liabilities are NT$689.2M and NT$313.7M respectively. Polygreen Resources's EBIT is NT$27.1M making its interest coverage ratio 26.6. It has cash and short-term investments of NT$125.2M.
Key information
70.4%
Debt to equity ratio
NT$264.24m
Debt
Interest coverage ratio | 26.6x |
Cash | NT$125.17m |
Equity | NT$375.49m |
Total liabilities | NT$313.72m |
Total assets | NT$689.21m |
Recent financial health updates
Recent updates
Polygreen Resources (GTSM:8423) Has A Pretty Healthy Balance Sheet
Apr 16Is Polygreen Resources (GTSM:8423) A Future Multi-bagger?
Feb 18Calculating The Intrinsic Value Of Polygreen Resources Co., Ltd. (GTSM:8423)
Jan 20Are Polygreen Resources Co., Ltd.'s (GTSM:8423) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
Dec 16Here’s What’s Happening With Returns At Polygreen Resources (GTSM:8423)
Nov 18Financial Position Analysis
Short Term Liabilities: 8423's short term assets (NT$202.4M) exceed its short term liabilities (NT$104.7M).
Long Term Liabilities: 8423's short term assets (NT$202.4M) do not cover its long term liabilities (NT$209.0M).
Debt to Equity History and Analysis
Debt Level: 8423's net debt to equity ratio (37%) is considered satisfactory.
Reducing Debt: 8423's debt to equity ratio has increased from 56.5% to 70.4% over the past 5 years.
Debt Coverage: 8423's debt is not well covered by operating cash flow (17.6%).
Interest Coverage: 8423's interest payments on its debt are well covered by EBIT (26.6x coverage).