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$13.4B, which brings its debt-to-equity ratio to 70.4%. 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
70.4%
Debt to equity ratio
NT$13.41b
Debt
| Interest coverage ratio | 15.8x |
| Cash | NT$7.86b |
| 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 (29.2%) is considered satisfactory.
Reducing Debt: 5009's debt to equity ratio has reduced from 112% to 70.4% over the past 5 years.
Debt Coverage: 5009's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: 5009's interest payments on its debt are well covered by EBIT (15.8x coverage).