Gloria Material Technology Balance Sheet Health
Financial Health criteria checks 5/6
Gloria Material Technology has a total shareholder equity of NT$19.0B and total debt of NT$13.8B, which brings its debt-to-equity ratio to 72.4%. Its total assets and total liabilities are NT$35.3B and NT$16.3B respectively. Gloria Material Technology's EBIT is NT$2.0B making its interest coverage ratio 15.8. It has cash and short-term investments of NT$7.9B.
Key information
72.4%
Debt to equity ratio
NT$13.78b
Debt
| Interest coverage ratio | 15.8x |
| Cash | NT$7.85b |
| Equity | NT$19.04b |
| Total liabilities | NT$16.31b |
| Total assets | NT$35.34b |
Recent financial health updates
Recent updates
Are Investors Concerned With What's Going On At Gloria Material Technology (GTSM:5009)?
Mar 08
Factors Income Investors Should Consider Before Adding Gloria Material Technology Corp. (GTSM:5009) To Their Portfolio
Feb 18
These 4 Measures Indicate That Gloria Material Technology (GTSM:5009) Is Using Debt In A Risky Way
Jan 28Gloria Material Technology (GTSM:5009) Share Prices Have Dropped 18% In The Last Three Years
Jan 07With A 1.6% Return On Equity, Is Gloria Material Technology Corp. (GTSM:5009) A Quality Stock?
Dec 21Should You Be Worried About Gloria Material Technology's (GTSM:5009) Returns On Capital?
Dec 01Financial Position Analysis
Short Term Liabilities: 5009's short term assets (NT$17.9B) exceed its short term liabilities (NT$4.1B).
Long Term Liabilities: 5009's short term assets (NT$17.9B) exceed its long term liabilities (NT$12.2B).
Debt to Equity History and Analysis
Debt Level: 5009's net debt to equity ratio (31.1%) is considered satisfactory.
Reducing Debt: 5009's debt to equity ratio has reduced from 112% to 72.4% over the past 5 years.
Debt Coverage: 5009's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: 5009's interest payments on its debt are well covered by EBIT (15.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 09:10 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Gloria Material Technology Corp. is covered by 10 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jihong Lai | Capital Securities Corporation |
| Timothy Chen | Citigroup Inc |
| Yenling Cai | Grand Cathay Securities Corporation |