Hi-Clearance Balance Sheet Health
Financial Health criteria checks 6/6
Hi-Clearance has a total shareholder equity of NT$3.0B and total debt of NT$103.9M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are NT$4.6B and NT$1.6B respectively. Hi-Clearance's EBIT is NT$415.2M making its interest coverage ratio 469.2. It has cash and short-term investments of NT$453.1M.
Key information
3.5%
Debt to equity ratio
NT$103.92m
Debt
| Interest coverage ratio | 469.2x |
| Cash | NT$453.10m |
| Equity | NT$2.98b |
| Total liabilities | NT$1.63b |
| Total assets | NT$4.62b |
Recent financial health updates
Recent updates
Estimating The Fair Value Of Hi-Clearance Inc. (GTSM:1788)
Apr 17
Hi-Clearance Inc. (GTSM:1788) Is Yielding 4.6% - But Is It A Buy?
Mar 12Hi-Clearance (GTSM:1788) Has Compensated Shareholders With A Respectable 50% Return On Their Investment
Feb 21Does Hi-Clearance (GTSM:1788) Have A Healthy Balance Sheet?
Feb 03
Will Hi-Clearance (GTSM:1788) Multiply In Value Going Forward?
Jan 16Hi-Clearance Inc.'s (GTSM:1788) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Dec 30Should Hi-Clearance Inc. (GTSM:1788) Be Part Of Your Dividend Portfolio?
Dec 12Shareholders Of Hi-Clearance (GTSM:1788) Must Be Happy With Their 49% Return
Nov 23Financial Position Analysis
Short Term Liabilities: 1788's short term assets (NT$2.5B) exceed its short term liabilities (NT$1.1B).
Long Term Liabilities: 1788's short term assets (NT$2.5B) exceed its long term liabilities (NT$511.0M).
Debt to Equity History and Analysis
Debt Level: 1788 has more cash than its total debt.
Reducing Debt: 1788's debt to equity ratio has reduced from 21.9% to 3.5% over the past 5 years.
Debt Coverage: 1788's debt is well covered by operating cash flow (417.1%).
Interest Coverage: 1788's interest payments on its debt are well covered by EBIT (469.2x coverage).