Globe Industries Corporation

TWSE:1324 Stock Report

Market Cap: NT$946.5m

Globe Industries Balance Sheet Health

Financial Health criteria checks 6/6

Globe Industries has a total shareholder equity of NT$964.7M and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$1.2B and NT$198.7M respectively. Globe Industries's EBIT is NT$7.7M making its interest coverage ratio -153.9. It has cash and short-term investments of NT$413.8M.

Key information

0%

Debt to equity ratio

NT$0

Debt

Interest coverage ratio-153.9x
CashNT$413.82m
EquityNT$964.72m
Total liabilitiesNT$198.67m
Total assetsNT$1.16b

Recent financial health updates

No updates

Recent updates

Globe Industries (TWSE:1324) Is Due To Pay A Dividend Of NT$0.20

Aug 11
Globe Industries (TWSE:1324) Is Due To Pay A Dividend Of NT$0.20

Is Globe Industries Corporation (TPE:1324) At Risk Of Cutting Its Dividend?

Apr 07
Is Globe Industries Corporation (TPE:1324) At Risk Of Cutting Its Dividend?

Should You Be Worried About Globe Industries' (TPE:1324) Returns On Capital?

Feb 28
Should You Be Worried About Globe Industries' (TPE:1324) Returns On Capital?

Is Globe Industries Corporation (TPE:1324) An Attractive Dividend Stock?

Jan 07
Is Globe Industries Corporation (TPE:1324) An Attractive Dividend Stock?

Financial Position Analysis

Short Term Liabilities: 1324's short term assets (NT$750.2M) exceed its short term liabilities (NT$185.6M).

Long Term Liabilities: 1324's short term assets (NT$750.2M) exceed its long term liabilities (NT$13.0M).


Debt to Equity History and Analysis

Debt Level: 1324 is debt free.

Reducing Debt: 1324 has not had any debt for past 5 years.

Debt Coverage: 1324 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 1324 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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