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 |
Cash | NT$413.82m |
Equity | NT$964.72m |
Total liabilities | NT$198.67m |
Total assets | NT$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 11Is Globe Industries Corporation (TPE:1324) At Risk Of Cutting Its Dividend?
Apr 07Should You Be Worried About Globe Industries' (TPE:1324) Returns On Capital?
Feb 28Is Globe Industries Corporation (TPE:1324) An Attractive Dividend Stock?
Jan 07Financial 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.