Huikwang Balance Sheet Health
Financial Health criteria checks 5/6
Huikwang has a total shareholder equity of NT$2.4B and total debt of NT$55.5M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are NT$2.9B and NT$467.9M respectively. Huikwang's EBIT is NT$76.6M making its interest coverage ratio -3.8. It has cash and short-term investments of NT$607.6M.
Key information
2.3%
Debt to equity ratio
NT$55.51m
Debt
| Interest coverage ratio | -3.8x |
| Cash | NT$607.62m |
| Equity | NT$2.43b |
| Total liabilities | NT$467.88m |
| Total assets | NT$2.90b |
Recent financial health updates
Recent updates
Huikwang (GTSM:6508) Might Have The Makings Of A Multi-Bagger
Mar 31
Huikwang Corporation (GTSM:6508) Is Yielding 5.9% - But Is It A Buy?
Mar 10Huikwang (GTSM:6508) Could Easily Take On More Debt
Feb 16Is Huikwang Corporation's (GTSM:6508) Latest Stock Performance Being Led By Its Strong Fundamentals?
Jan 27
Shareholders Of Huikwang (GTSM:6508) Must Be Happy With Their 65% Return
Jan 06Will the Promising Trends At Huikwang (GTSM:6508) Continue?
Dec 15Is Huikwang Corporation (GTSM:6508) A Smart Choice For Dividend Investors?
Nov 27Financial Position Analysis
Short Term Liabilities: 6508's short term assets (NT$2.1B) exceed its short term liabilities (NT$393.0M).
Long Term Liabilities: 6508's short term assets (NT$2.1B) exceed its long term liabilities (NT$74.8M).
Debt to Equity History and Analysis
Debt Level: 6508 has more cash than its total debt.
Reducing Debt: 6508's debt to equity ratio has reduced from 15.2% to 2.3% over the past 5 years.
Debt Coverage: 6508's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6508 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 04:26 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/06/30 |
| 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Huikwang Corporation is covered by 5 analysts. 0 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 |
|---|---|
| Xuanyi Yang | Capital Securities Corporation |
| Titan Horng | IBTS Investment Consulting Co., Ltd. |
| Ann Chang | Jih Sun Securities Investment Consulting Co., Ltd. |