O-TA Precision Industry Balance Sheet Health
Financial Health criteria checks 6/6
O-TA Precision Industry has a total shareholder equity of NT$3.8B and total debt of NT$450.0M, which brings its debt-to-equity ratio to 11.8%. Its total assets and total liabilities are NT$5.2B and NT$1.4B respectively. O-TA Precision Industry's EBIT is NT$382.3M making its interest coverage ratio -3.7. It has cash and short-term investments of NT$2.7B.
Key information
11.8%
Debt to equity ratio
NT$450.00m
Debt
| Interest coverage ratio | -3.7x |
| Cash | NT$2.66b |
| Equity | NT$3.82b |
| Total liabilities | NT$1.39b |
| Total assets | NT$5.22b |
Recent financial health updates
Recent updates
We Think O-TA Precision Industry (GTSM:8924) Might Have The DNA Of A Multi-Bagger
Apr 02
O-TA Precision Industry (GTSM:8924) Has Gifted Shareholders With A Fantastic 196% Total Return On Their Investment
Jan 22We Think O-TA Precision Industry (GTSM:8924) Can Manage Its Debt With Ease
Dec 17
Should You Invest In O-TA Precision Industry (GTSM:8924)?
Nov 25Financial Position Analysis
Short Term Liabilities: 8924's short term assets (NT$4.1B) exceed its short term liabilities (NT$1.2B).
Long Term Liabilities: 8924's short term assets (NT$4.1B) exceed its long term liabilities (NT$222.8M).
Debt to Equity History and Analysis
Debt Level: 8924 has more cash than its total debt.
Reducing Debt: 8924's debt to equity ratio has reduced from 18% to 11.8% over the past 5 years.
Debt Coverage: 8924's debt is well covered by operating cash flow (243.8%).
Interest Coverage: 8924 earns more interest than it pays, so coverage of interest payments is not a concern.