Solar Applied Materials Technology Balance Sheet Health
Financial Health criteria checks 4/6
Solar Applied Materials Technology has a total shareholder equity of NT$13.5B and total debt of NT$10.9B, which brings its debt-to-equity ratio to 80.9%. Its total assets and total liabilities are NT$27.4B and NT$13.9B respectively. Solar Applied Materials Technology's EBIT is NT$1.5B making its interest coverage ratio 5.2. It has cash and short-term investments of NT$2.3B.
Key information
80.9%
Debt to equity ratio
NT$10.89b
Debt
| Interest coverage ratio | 5.2x |
| Cash | NT$2.26b |
| Equity | NT$13.46b |
| Total liabilities | NT$13.90b |
| Total assets | NT$27.36b |
Recent financial health updates
Here's Why Solar Applied Materials Technology (GTSM:1785) Has A Meaningful Debt Burden
Apr 30
Solar Applied Materials Technology (GTSM:1785) Has A Somewhat Strained Balance Sheet
Jan 30
Recent updates
Here's Why Solar Applied Materials Technology (GTSM:1785) Has A Meaningful Debt Burden
Apr 30Is Solar Applied Materials Technology Corporation (GTSM:1785) An Attractive Dividend Stock?
Mar 26Earnings Beat: Solar Applied Materials Technology Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Mar 11Can Solar Applied Materials Technology (GTSM:1785) Continue To Grow Its Returns On Capital?
Mar 09Why Solar Applied Materials Technology Corporation (GTSM:1785) Looks Like A Quality Company
Feb 24Is Now An Opportune Moment To Examine Solar Applied Materials Technology Corporation (GTSM:1785)?
Feb 11Solar Applied Materials Technology (GTSM:1785) Has A Somewhat Strained Balance Sheet
Jan 30Solar Applied Materials Technology Corporation's (GTSM:1785) Intrinsic Value Is Potentially 34% Above Its Share Price
Jan 18Did You Miss Solar Applied Materials Technology's (GTSM:1785) Impressive 116% Share Price Gain?
Jan 06Here's Why We Don't Think Solar Applied Materials Technology's (GTSM:1785) Statutory Earnings Reflect Its Underlying Earnings Potential
Dec 25What Makes Solar Applied Materials Technology Corporation (GTSM:1785) A Great Dividend Stock?
Dec 13Will Solar Applied Materials Technology's (GTSM:1785) Growth In ROCE Persist?
Dec 01Can Solar Applied Materials Technology Corporation (GTSM:1785) Maintain Its Strong Returns?
Nov 19Financial Position Analysis
Short Term Liabilities: 1785's short term assets (NT$18.3B) exceed its short term liabilities (NT$7.3B).
Long Term Liabilities: 1785's short term assets (NT$18.3B) exceed its long term liabilities (NT$6.6B).
Debt to Equity History and Analysis
Debt Level: 1785's net debt to equity ratio (64.1%) is considered high.
Reducing Debt: 1785's debt to equity ratio has reduced from 235.7% to 80.9% over the past 5 years.
Debt Coverage: 1785's debt is not well covered by operating cash flow (9.3%).
Interest Coverage: 1785's interest payments on its debt are well covered by EBIT (5.2x coverage).