ShareHope Medicine Balance Sheet Health
Financial Health criteria checks 3/6
ShareHope Medicine has a total shareholder equity of NT$4.0B and total debt of NT$1.6B, which brings its debt-to-equity ratio to 40.2%. Its total assets and total liabilities are NT$7.4B and NT$3.5B respectively. ShareHope Medicine's EBIT is NT$94.7M making its interest coverage ratio 2.2. It has cash and short-term investments of NT$1.4B.
Key information
40.2%
Debt to equity ratio
NT$1.59b
Debt
Interest coverage ratio | 2.2x |
Cash | NT$1.39b |
Equity | NT$3.96b |
Total liabilities | NT$3.49b |
Total assets | NT$7.45b |
Recent financial health updates
Recent updates
ShareHope Medicine's (GTSM:8403) Returns On Capital Are Heading Higher
Mar 26Is ShareHope Medicine (GTSM:8403) Using Too Much Debt?
Feb 12ShareHope Medicine Co., Ltd. (GTSM:8403) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
Jan 15What We Make Of ShareHope Medicine's (GTSM:8403) Returns On Capital
Dec 16Investors Who Bought ShareHope Medicine (GTSM:8403) Shares A Year Ago Are Now Up 26%
Nov 18Financial Position Analysis
Short Term Liabilities: 8403's short term assets (NT$3.2B) exceed its short term liabilities (NT$2.0B).
Long Term Liabilities: 8403's short term assets (NT$3.2B) exceed its long term liabilities (NT$1.5B).
Debt to Equity History and Analysis
Debt Level: 8403's net debt to equity ratio (4.9%) is considered satisfactory.
Reducing Debt: 8403's debt to equity ratio has increased from 17.7% to 40.2% over the past 5 years.
Debt Coverage: 8403's debt is not well covered by operating cash flow (16.2%).
Interest Coverage: 8403's interest payments on its debt are not well covered by EBIT (2.2x coverage).