Launch Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Launch Technologies has a total shareholder equity of NT$896.1M and total debt of NT$322.4M, which brings its debt-to-equity ratio to 36%. Its total assets and total liabilities are NT$1.7B and NT$769.9M respectively.
Key information
36.0%
Debt to equity ratio
NT$322.39m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$185.12m |
| Equity | NT$896.06m |
| Total liabilities | NT$769.88m |
| Total assets | NT$1.67b |
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$706.9M) exceed its short term liabilities (NT$506.3M).
Long Term Liabilities: 8420's short term assets (NT$706.9M) exceed its long term liabilities (NT$263.6M).
Debt to Equity History and Analysis
Debt Level: 8420's net debt to equity ratio (15.3%) is considered satisfactory.
Reducing Debt: 8420's debt to equity ratio has increased from 29.7% to 36% over the past 5 years.
Debt Coverage: 8420's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 8420's interest payments on its debt are well covered by EBIT.