Concord Securities Balance Sheet Health
Financial Health criteria checks 2/6
Concord Securities has a total shareholder equity of NT$8.9B and total debt of NT$17.7B, which brings its debt-to-equity ratio to 198.8%. Its total assets and total liabilities are NT$40.3B and NT$31.4B respectively.
Key information
198.8%
Debt to equity ratio
NT$17.75b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$13.07b |
| Equity | NT$8.93b |
| Total liabilities | NT$31.39b |
| Total assets | NT$40.32b |
Recent financial health updates
No updates
Recent updates
Concord Securities Co.,Ltd.'s (GTSM:6016) Earnings Are Not Doing Enough For Some Investors
Apr 13
Concord Securities Co.,Ltd.'s (GTSM:6016) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
Mar 09Shareholders Of Concord SecuritiesLtd (GTSM:6016) Must Be Happy With Their 187% Total Return
Jan 11Is Concord Securities Co.,Ltd. (GTSM:6016) An Attractive Dividend Stock?
Nov 19Financial Position Analysis
Short Term Liabilities: 6016's short term assets (NT$33.5B) exceed its short term liabilities (NT$30.1B).
Long Term Liabilities: 6016's short term assets (NT$33.5B) exceed its long term liabilities (NT$1.3B).
Debt to Equity History and Analysis
Debt Level: 6016's net debt to equity ratio (52.4%) is considered high.
Reducing Debt: 6016's debt to equity ratio has increased from 103.7% to 198.8% over the past 5 years.
Debt Coverage: 6016's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 6016's interest payments on its debt are well covered by EBIT.