Grand Fortune SecuritiesLtd Balance Sheet Health
Financial Health criteria checks 3/6
Grand Fortune SecuritiesLtd has a total shareholder equity of NT$5.7B and total debt of NT$5.0B, which brings its debt-to-equity ratio to 88.6%. Its total assets and total liabilities are NT$12.9B and NT$7.2B respectively.
Key information
88.6%
Debt to equity ratio
NT$5.05b
Debt
Interest coverage ratio | n/a |
Cash | NT$5.29b |
Equity | NT$5.70b |
Total liabilities | NT$7.23b |
Total assets | NT$12.92b |
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 15If You Had Bought Grand Fortune SecuritiesLtd (GTSM:6026) Shares A Year Ago You'd Have Earned 26% Returns
Jan 08Lacklustre 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$8.8B) exceed its short term liabilities (NT$7.2B).
Long Term Liabilities: 6026's short term assets (NT$8.8B) exceed its long term liabilities (NT$36.0M).
Debt to Equity History and Analysis
Debt Level: 6026 has more cash than its total debt.
Reducing Debt: 6026's debt to equity ratio has increased from 24.3% to 88.6% 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.