Ingentec Balance Sheet Health
Financial Health criteria checks 6/6
Ingentec has a total shareholder equity of NT$1.8B and total debt of NT$580.1M, which brings its debt-to-equity ratio to 31.7%. Its total assets and total liabilities are NT$2.6B and NT$770.4M respectively. Ingentec's EBIT is NT$167.5M making its interest coverage ratio 48. It has cash and short-term investments of NT$331.3M.
Key information
31.7%
Debt to equity ratio
NT$580.07m
Debt
| Interest coverage ratio | 48x |
| Cash | NT$331.29m |
| Equity | NT$1.83b |
| Total liabilities | NT$770.38m |
| Total assets | NT$2.60b |
Recent financial health updates
Ingentec (GTSM:4768) Has A Pretty Healthy Balance Sheet
Apr 14
Ingentec (GTSM:4768) Seems To Use Debt Quite Sensibly
Dec 21Recent updates
Ingentec (GTSM:4768) Has A Pretty Healthy Balance Sheet
Apr 14Investors Who Bought Ingentec (GTSM:4768) Shares A Year Ago Are Now Up 325%
Mar 19Ingentec Corporation's (GTSM:4768) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Jan 25
Ingentec (GTSM:4768) Seems To Use Debt Quite Sensibly
Dec 21Here’s What’s Happening With Returns At Ingentec (GTSM:4768)
Nov 24Financial Position Analysis
Short Term Liabilities: 4768's short term assets (NT$733.8M) exceed its short term liabilities (NT$402.3M).
Long Term Liabilities: 4768's short term assets (NT$733.8M) exceed its long term liabilities (NT$368.0M).
Debt to Equity History and Analysis
Debt Level: 4768's net debt to equity ratio (13.6%) is considered satisfactory.
Reducing Debt: 4768's debt to equity ratio has reduced from 46.1% to 31.7% over the past 5 years.
Debt Coverage: 4768's debt is well covered by operating cash flow (53.8%).
Interest Coverage: 4768's interest payments on its debt are well covered by EBIT (48x coverage).