HIM International Music Balance Sheet Health
Financial Health criteria checks 5/6
HIM International Music has a total shareholder equity of NT$1.8B and total debt of NT$686.5M, which brings its debt-to-equity ratio to 37.7%. Its total assets and total liabilities are NT$3.2B and NT$1.4B respectively. HIM International Music's EBIT is NT$466.7M making its interest coverage ratio -32.4. It has cash and short-term investments of NT$1.5B.
Key information
37.7%
Debt to equity ratio
NT$686.54m
Debt
| Interest coverage ratio | -32.4x |
| Cash | NT$1.47b |
| Equity | NT$1.82b |
| Total liabilities | NT$1.42b |
| Total assets | NT$3.25b |
Recent financial health updates
Recent updates
Estimating The Intrinsic Value Of HIM International Music Inc. (GTSM:8446)
Feb 19
We Like HIM International Music's (GTSM:8446) Returns And Here's How They're Trending
Jan 21We Think HIM International Music (GTSM:8446) Can Manage Its Debt With Ease
Dec 23
Did You Participate In Any Of HIM International Music's (GTSM:8446) Respectable 54% Return?
Dec 03Is HIM International Music Inc. (GTSM:8446) A Smart Choice For Dividend Investors?
Nov 18Financial Position Analysis
Short Term Liabilities: 8446's short term assets (NT$1.8B) exceed its short term liabilities (NT$1.3B).
Long Term Liabilities: 8446's short term assets (NT$1.8B) exceed its long term liabilities (NT$141.9M).
Debt to Equity History and Analysis
Debt Level: 8446 has more cash than its total debt.
Reducing Debt: 8446's debt to equity ratio has increased from 36.8% to 37.7% over the past 5 years.
Debt Coverage: 8446's debt is well covered by operating cash flow (90.1%).
Interest Coverage: 8446 earns more interest than it pays, so coverage of interest payments is not a concern.