Alliance Material Balance Sheet Health
Financial Health criteria checks 5/6
Alliance Material has a total shareholder equity of NT$408.1M and total debt of NT$135.0M, which brings its debt-to-equity ratio to 33.1%. Its total assets and total liabilities are NT$601.8M and NT$193.8M respectively. Alliance Material's EBIT is NT$5.1M making its interest coverage ratio -2.3. It has cash and short-term investments of NT$108.2M.
Key information
33.1%
Debt to equity ratio
NT$135.00m
Debt
| Interest coverage ratio | -2.3x |
| Cash | NT$108.16m |
| Equity | NT$408.06m |
| Total liabilities | NT$193.76m |
| Total assets | NT$601.82m |
Recent financial health updates
Recent updates
Alliance Material (GTSM:3595) Has A Rock Solid Balance Sheet
Apr 13
Is Alliance Material Co., Ltd.'s (GTSM:3595) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Feb 07Why Alliance Material Co., Ltd. (GTSM:3595) Is A Dividend Rockstar
Jan 02Should You Use Alliance Material's (GTSM:3595) Statutory Earnings To Analyse It?
Dec 07Financial Position Analysis
Short Term Liabilities: 3595's short term assets (NT$204.3M) exceed its short term liabilities (NT$191.4M).
Long Term Liabilities: 3595's short term assets (NT$204.3M) exceed its long term liabilities (NT$2.3M).
Debt to Equity History and Analysis
Debt Level: 3595's net debt to equity ratio (6.6%) is considered satisfactory.
Reducing Debt: 3595's debt to equity ratio has increased from 21.3% to 33.1% over the past 5 years.
Debt Coverage: 3595's debt is well covered by operating cash flow (35.4%).
Interest Coverage: 3595 earns more interest than it pays, so coverage of interest payments is not a concern.