Launch Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Launch Technologies has a total shareholder equity of NT$620.9M and total debt of NT$641.0M, which brings its debt-to-equity ratio to 103.2%. Its total assets and total liabilities are NT$1.7B and NT$1.1B respectively. Launch Technologies's EBIT is NT$95.5M making its interest coverage ratio 36.2. It has cash and short-term investments of NT$96.3M.
Key information
103.2%
Debt to equity ratio
NT$640.97m
Debt
| Interest coverage ratio | 36.2x |
| Cash | NT$96.27m |
| Equity | NT$620.95m |
| Total liabilities | NT$1.06b |
| Total assets | NT$1.68b |
Recent financial health updates
Recent updates
Do Investors Have Good Reason To Be Wary Of Launch Technologies Co., Ltd.'s (GTSM:8420) 2.9% Dividend Yield?
Mar 26
Does Launch Technologies (GTSM:8420) Have A Healthy Balance Sheet?
Feb 18Can Launch Technologies Co., Ltd.'s (GTSM:8420) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?
Jan 20Looking For Steady Income For Your Dividend Portfolio? Is Launch Technologies Co., Ltd. (GTSM:8420) A Good Fit?
Dec 16
Does Launch Technologies's (GTSM:8420) Statutory Profit Adequately Reflect Its Underlying Profit?
Nov 18Financial Position Analysis
Short Term Liabilities: 8420's short term assets (NT$860.2M) exceed its short term liabilities (NT$781.4M).
Long Term Liabilities: 8420's short term assets (NT$860.2M) exceed its long term liabilities (NT$277.1M).
Debt to Equity History and Analysis
Debt Level: 8420's net debt to equity ratio (87.7%) is considered high.
Reducing Debt: 8420's debt to equity ratio has increased from 26.7% to 103.2% over the past 5 years.
Debt Coverage: 8420's debt is well covered by operating cash flow (27.8%).
Interest Coverage: 8420's interest payments on its debt are well covered by EBIT (36.2x coverage).