Simple Mart Retail Balance Sheet Health
Financial Health criteria checks 6/6
Simple Mart Retail has a total shareholder equity of NT$1.9B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$5.9B and NT$4.0B respectively. Simple Mart Retail's EBIT is NT$121.3M making its interest coverage ratio 6.2. It has cash and short-term investments of NT$918.8M.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | 6.2x |
| Cash | NT$918.83m |
| Equity | NT$1.89b |
| Total liabilities | NT$3.99b |
| Total assets | NT$5.88b |
Recent financial health updates
These 4 Measures Indicate That Simple Mart Retail (GTSM:2945) Is Using Debt Reasonably Well
Apr 09
Simple Mart Retail (GTSM:2945) Has A Pretty Healthy Balance Sheet
Dec 06Recent updates
These 4 Measures Indicate That Simple Mart Retail (GTSM:2945) Is Using Debt Reasonably Well
Apr 09Are Simple Mart Retail Co., Ltd.'s (GTSM:2945) Mixed Financials The Reason For Its Gloomy Performance on The Stock Market?
Mar 19The Returns At Simple Mart Retail (GTSM:2945) Provide Us With Signs Of What's To Come
Feb 21Here's Why Simple Mart Retail's (GTSM:2945) Statutory Earnings Are Arguably Too Conservative
Jan 17
Is Simple Mart Retail Co., Ltd.'s (GTSM:2945) 2.7% Dividend Sustainable?
Dec 27Simple Mart Retail (GTSM:2945) Has A Pretty Healthy Balance Sheet
Dec 06Financial Position Analysis
Short Term Liabilities: 2945's short term assets (NT$2.8B) exceed its short term liabilities (NT$2.5B).
Long Term Liabilities: 2945's short term assets (NT$2.8B) exceed its long term liabilities (NT$1.4B).
Debt to Equity History and Analysis
Debt Level: 2945 is debt free.
Reducing Debt: 2945 has no debt compared to 5 years ago when its debt to equity ratio was 10.7%.
Debt Coverage: 2945 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2945 has no debt, therefore coverage of interest payments is not a concern.