Great China Metal Ind Balance Sheet Health
Financial Health criteria checks 6/6
Great China Metal Ind has a total shareholder equity of NT$7.8B and total debt of NT$79.2M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are NT$10.7B and NT$2.9B respectively. Great China Metal Ind's EBIT is NT$468.0M making its interest coverage ratio -8.1. It has cash and short-term investments of NT$3.9B.
Key information
1.0%
Debt to equity ratio
NT$79.18m
Debt
Interest coverage ratio | -8.1x |
Cash | NT$3.94b |
Equity | NT$7.81b |
Total liabilities | NT$2.94b |
Total assets | NT$10.75b |
Recent financial health updates
Recent updates
Does Great China Metal Ind (TPE:9905) Have A Healthy Balance Sheet?
Apr 06Here's What We Make Of Great China Metal Ind's (TPE:9905) Returns On Capital
Feb 26Tread With Caution Around Great China Metal Ind. Co., Ltd.'s (TPE:9905) 4.5% Dividend Yield
Jan 28Great China Metal Ind. Co., Ltd.'s (TPE:9905) Stock Been Rising But Financials Look Weak: Should Shareholders Be Worried?
Dec 17What Are The Total Returns Earned By Shareholders Of Great China Metal Ind (TPE:9905) On Their Investment?
Nov 26Financial Position Analysis
Short Term Liabilities: 9905's short term assets (NT$8.4B) exceed its short term liabilities (NT$2.5B).
Long Term Liabilities: 9905's short term assets (NT$8.4B) exceed its long term liabilities (NT$477.7M).
Debt to Equity History and Analysis
Debt Level: 9905 has more cash than its total debt.
Reducing Debt: 9905's debt to equity ratio has reduced from 1.8% to 1% over the past 5 years.
Debt Coverage: 9905's debt is well covered by operating cash flow (746.2%).
Interest Coverage: 9905 earns more interest than it pays, so coverage of interest payments is not a concern.