Gourmet Master Balance Sheet Health
Financial Health criteria checks 6/6
Gourmet Master has a total shareholder equity of NT$11.0B and total debt of NT$45.2M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are NT$19.4B and NT$8.4B respectively. Gourmet Master's EBIT is NT$938.6M making its interest coverage ratio 183. It has cash and short-term investments of NT$4.7B.
Key information
0.4%
Debt to equity ratio
NT$45.23m
Debt
| Interest coverage ratio | 183x |
| Cash | NT$4.70b |
| Equity | NT$11.01b |
| Total liabilities | NT$8.41b |
| Total assets | NT$19.42b |
Recent financial health updates
Is Gourmet Master (TPE:2723) A Risky Investment?
Apr 26
Gourmet Master (TPE:2723) Seems To Use Debt Quite Sensibly
Jan 19Recent updates
There May Be Some Bright Spots In Gourmet Master's (TWSE:2723) Earnings
Nov 21Gourmet Master's (TWSE:2723) Shareholders Will Receive A Bigger Dividend Than Last Year
May 30Gourmet Master's (TWSE:2723) Earnings May Just Be The Starting Point
Apr 03Is Gourmet Master (TPE:2723) A Risky Investment?
Apr 26Our Take On The Returns On Capital At Gourmet Master (TPE:2723)
Mar 20Is There An Opportunity With Gourmet Master Co. Ltd.'s (TPE:2723) 41% Undervaluation?
Mar 08Does Gourmet Master Co. Ltd.'s (TPE:2723) Weak Fundamentals Mean That The Market Could Correct Its Share Price?
Feb 24Here's Why We Think Gourmet Master's (TPE:2723) Statutory Earnings Might Be Conservative
Jan 31Gourmet Master (TPE:2723) Seems To Use Debt Quite Sensibly
Jan 19How Much Of Gourmet Master Co. Ltd. (TPE:2723) Do Insiders Own?
Jan 07Reflecting on Gourmet Master's (TPE:2723) Share Price Returns Over The Last Three Years
Dec 27
What Does Gourmet Master Co. Ltd.'s (TPE:2723) Share Price Indicate?
Dec 16Are Investors Undervaluing Gourmet Master Co. Ltd. (TPE:2723) By 38%?
Dec 05Has Gourmet Master (TPE:2723) Got What It Takes To Become A Multi-Bagger?
Nov 25Financial Position Analysis
Short Term Liabilities: 2723's short term assets (NT$6.5B) exceed its short term liabilities (NT$5.1B).
Long Term Liabilities: 2723's short term assets (NT$6.5B) exceed its long term liabilities (NT$3.3B).
Debt to Equity History and Analysis
Debt Level: 2723 has more cash than its total debt.
Reducing Debt: 2723's debt to equity ratio has reduced from 5.6% to 0.4% over the past 5 years.
Debt Coverage: 2723's debt is well covered by operating cash flow (5251.3%).
Interest Coverage: 2723's interest payments on its debt are well covered by EBIT (183x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 10:18 |
| End of Day Share Price | 2024/12/23 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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Gourmet Master Co. Ltd. is covered by 19 analysts. 5 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 |
|---|---|
| Ti-Rung Huang | Barclays |
| Hongyan Lin | CGS International |
| Anita Chen | CLSA |