Sports Gear Balance Sheet Health
Financial Health criteria checks 6/6
Sports Gear has a total shareholder equity of NT$14.3B and total debt of NT$2.6B, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are NT$21.3B and NT$7.0B respectively. Sports Gear's EBIT is NT$1.4B making its interest coverage ratio -6.4. It has cash and short-term investments of NT$8.0B.
Key information
18.4%
Debt to equity ratio
NT$2.64b
Debt
| Interest coverage ratio | -6.4x |
| Cash | NT$8.01b |
| Equity | NT$14.32b |
| Total liabilities | NT$7.01b |
| Total assets | NT$21.33b |
Recent financial health updates
Recent updates
Investors Could Be Concerned With Sports Gear's (TWSE:6768) Returns On Capital
Dec 11
Sports Gear Co., Ltd.'s (TWSE:6768) P/E Is Still On The Mark Following 42% Share Price Bounce
Nov 08We Think Sports Gear (TWSE:6768) Can Stay On Top Of Its Debt
Oct 21Sports Gear Co., Ltd.'s (TWSE:6768) Shares Climb 28% But Its Business Is Yet to Catch Up
Sep 24Sports Gear Co., Ltd.'s (TWSE:6768) Business Is Trailing The Market But Its Shares Aren't
Jul 28Sports Gear (TWSE:6768) Is Paying Out Less In Dividends Than Last Year
May 31Financial Position Analysis
Short Term Liabilities: 6768's short term assets (NT$14.1B) exceed its short term liabilities (NT$5.1B).
Long Term Liabilities: 6768's short term assets (NT$14.1B) exceed its long term liabilities (NT$1.9B).
Debt to Equity History and Analysis
Debt Level: 6768 has more cash than its total debt.
Reducing Debt: 6768's debt to equity ratio has reduced from 29.6% to 18.4% over the past 5 years.
Debt Coverage: 6768's debt is well covered by operating cash flow (49.4%).
Interest Coverage: 6768 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 21:15 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sports Gear Co., Ltd. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yiru Chen | Masterlink Securities Corp. |
| Iris Lin | SinoPac Securities Investment Service |