Grand Fortune SecuritiesLtd Balance Sheet Health
Financial Health criteria checks 3/6
Grand Fortune SecuritiesLtd has a total shareholder equity of NT$5.6B and total debt of NT$5.0B, which brings its debt-to-equity ratio to 87.8%. Its total assets and total liabilities are NT$12.5B and NT$6.8B respectively.
Key information
87.8%
Debt to equity ratio
NT$4.95b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$4.90b |
| Equity | NT$5.64b |
| Total liabilities | NT$6.82b |
| Total assets | NT$12.46b |
Recent financial health updates
No updates
Recent updates
Grand Fortune Securities Co.,Ltd (GTSM:6026) Investors Should Think About This Before Buying It For Its Dividend
Feb 15
If You Had Bought Grand Fortune SecuritiesLtd (GTSM:6026) Shares A Year Ago You'd Have Earned 26% Returns
Jan 08
Lacklustre Performance Is Driving Grand Fortune Securities Co.,Ltd's (GTSM:6026) Low P/E
Dec 04Financial Position Analysis
Short Term Liabilities: 6026's short term assets (NT$8.3B) exceed its short term liabilities (NT$6.8B).
Long Term Liabilities: 6026's short term assets (NT$8.3B) exceed its long term liabilities (NT$14.0M).
Debt to Equity History and Analysis
Debt Level: 6026's net debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: 6026's debt to equity ratio has increased from 35.6% to 87.8% over the past 5 years.
Debt Coverage: 6026's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 6026's interest payments on its debt are well covered by EBIT.