Jetbest Balance Sheet Health
Financial Health criteria checks 5/6
Jetbest has a total shareholder equity of NT$943.7M and total debt of NT$94.5M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are NT$1.2B and NT$223.7M respectively. Jetbest's EBIT is NT$62.3M making its interest coverage ratio 368.4. It has cash and short-term investments of NT$382.9M.
Key information
10.0%
Debt to equity ratio
NT$94.46m
Debt
| Interest coverage ratio | 368.4x |
| Cash | NT$382.89m |
| Equity | NT$943.74m |
| Total liabilities | NT$223.71m |
| Total assets | NT$1.17b |
Recent financial health updates
Jetbest (GTSM:4741) Has A Pretty Healthy Balance Sheet
Mar 16
Jetbest (GTSM:4741) Has A Pretty Healthy Balance Sheet
Dec 16
Recent updates
These Return Metrics Don't Make Jetbest (GTSM:4741) Look Too Strong
Apr 30Why Jetbest's (GTSM:4741) Shaky Earnings Are Just The Beginning Of Its Problems
Apr 09Jetbest (GTSM:4741) Has A Pretty Healthy Balance Sheet
Mar 16Are Poor Financial Prospects Dragging Down Jetbest Corporation (GTSM:4741 Stock?
Feb 23Is Jetbest Corporation (GTSM:4741) A Good Dividend Stock?
Feb 03What Jetbest's (GTSM:4741) Returns On Capital Can Tell Us
Jan 13Jetbest (GTSM:4741) Has A Pretty Healthy Balance Sheet
Dec 16Weak Financial Prospects Seem To Be Dragging Down Jetbest Corporation (GTSM:4741) Stock
Nov 25Financial Position Analysis
Short Term Liabilities: 4741's short term assets (NT$586.4M) exceed its short term liabilities (NT$191.2M).
Long Term Liabilities: 4741's short term assets (NT$586.4M) exceed its long term liabilities (NT$32.5M).
Debt to Equity History and Analysis
Debt Level: 4741 has more cash than its total debt.
Reducing Debt: 4741's debt to equity ratio has increased from 7.7% to 10% over the past 5 years.
Debt Coverage: 4741's debt is well covered by operating cash flow (165.9%).
Interest Coverage: 4741's interest payments on its debt are well covered by EBIT (368.4x coverage).