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$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$19.4B and NT$8.5B respectively. Gourmet Master's EBIT is NT$1.1B making its interest coverage ratio 36.9. It has cash and short-term investments of NT$5.5B.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | 36.9x |
| Cash | NT$5.48b |
| Equity | NT$10.96b |
| Total liabilities | NT$8.48b |
| Total assets | NT$19.44b |
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
Gourmet 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$7.3B) exceed its short term liabilities (NT$5.4B).
Long Term Liabilities: 2723's short term assets (NT$7.3B) exceed its long term liabilities (NT$3.1B).
Debt to Equity History and Analysis
Debt Level: 2723 is debt free.
Reducing Debt: 2723 has no debt compared to 5 years ago when its debt to equity ratio was 5.4%.
Debt Coverage: 2723 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2723 has no debt, therefore coverage of interest payments is not a concern.