Good Finance Securities Balance Sheet Health
Financial Health criteria checks 2/6
Good Finance Securities has a total shareholder equity of NT$5.8B and total debt of NT$4.5B, which brings its debt-to-equity ratio to 78.3%. Its total assets and total liabilities are NT$15.1B and NT$9.4B respectively.
Key information
78.3%
Debt to equity ratio
NT$4.51b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$1.74b |
| Equity | NT$5.76b |
| Total liabilities | NT$9.38b |
| Total assets | NT$15.13b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6021's short term assets (NT$12.2B) exceed its short term liabilities (NT$7.8B).
Long Term Liabilities: 6021's short term assets (NT$12.2B) exceed its long term liabilities (NT$1.6B).
Debt to Equity History and Analysis
Debt Level: 6021's net debt to equity ratio (48%) is considered high.
Reducing Debt: 6021's debt to equity ratio has increased from 6% to 78.3% 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.