Good Finance Securities Balance Sheet Health
Financial Health criteria checks 3/6
Good Finance Securities has a total shareholder equity of NT$7.9B and total debt of NT$8.4B, which brings its debt-to-equity ratio to 106.4%. Its total assets and total liabilities are NT$23.1B and NT$15.2B respectively.
Key information
106.4%
Debt to equity ratio
NT$8.36b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$5.94b |
| Equity | NT$7.86b |
| Total liabilities | NT$15.20b |
| Total assets | NT$23.06b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6021's short term assets (NT$15.7B) exceed its short term liabilities (NT$13.5B).
Long Term Liabilities: 6021's short term assets (NT$15.7B) exceed its long term liabilities (NT$1.7B).
Debt to Equity History and Analysis
Debt Level: 6021's net debt to equity ratio (30.7%) is considered satisfactory.
Reducing Debt: 6021's debt to equity ratio has increased from 10% to 106.4% over the past 5 years.
Debt Coverage: 6021's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 6021's interest payments on its debt are well covered by EBIT.