Cherng Tay Technology Balance Sheet Health
Financial Health criteria checks 6/6
Cherng Tay Technology has a total shareholder equity of NT$897.0M and total debt of NT$114.7M, which brings its debt-to-equity ratio to 12.8%. Its total assets and total liabilities are NT$1.4B and NT$528.3M respectively. Cherng Tay Technology's EBIT is NT$97.1M making its interest coverage ratio -168.3. It has cash and short-term investments of NT$479.4M.
Key information
12.8%
Debt to equity ratio
NT$114.73m
Debt
| Interest coverage ratio | -168.3x |
| Cash | NT$479.41m |
| Equity | NT$897.01m |
| Total liabilities | NT$528.33m |
| Total assets | NT$1.43b |
Recent financial health updates
Does Cherng Tay Technology (GTSM:4767) Have A Healthy Balance Sheet?
Feb 28
We Think Cherng Tay Technology (GTSM:4767) Can Manage Its Debt With Ease
Nov 30Recent updates
Is Cherng Tay Technology Co., Ltd. (GTSM:4767) A Risky Dividend Stock?
Apr 13Slowing Rates Of Return At Cherng Tay Technology (GTSM:4767) Leave Little Room For Excitement
Mar 22Does Cherng Tay Technology (GTSM:4767) Have A Healthy Balance Sheet?
Feb 28Has Cherng Tay Technology Co., Ltd. (GTSM:4767) Stock's Recent Performance Got Anything to Do With Its Financial Health?
Feb 08Factors Income Investors Should Consider Before Adding Cherng Tay Technology Co., Ltd. (GTSM:4767) To Their Portfolio
Jan 12Is Cherng Tay Technology (GTSM:4767) Likely To Turn Things Around?
Dec 22
We Think Cherng Tay Technology (GTSM:4767) Can Manage Its Debt With Ease
Nov 30Financial Position Analysis
Short Term Liabilities: 4767's short term assets (NT$1.1B) exceed its short term liabilities (NT$249.4M).
Long Term Liabilities: 4767's short term assets (NT$1.1B) exceed its long term liabilities (NT$278.9M).
Debt to Equity History and Analysis
Debt Level: 4767 has more cash than its total debt.
Reducing Debt: 4767's debt to equity ratio has reduced from 18.4% to 12.8% over the past 5 years.
Debt Coverage: 4767's debt is well covered by operating cash flow (202.7%).
Interest Coverage: 4767 earns more interest than it pays, so coverage of interest payments is not a concern.