Samebest Balance Sheet Health
Financial Health criteria checks 5/6
Samebest has a total shareholder equity of NT$761.9M and total debt of NT$292.9M, which brings its debt-to-equity ratio to 38.4%. Its total assets and total liabilities are NT$1.9B and NT$1.1B respectively. Samebest's EBIT is NT$3.5M making its interest coverage ratio -0.6. It has cash and short-term investments of NT$873.6M.
Key information
38.4%
Debt to equity ratio
NT$292.88m
Debt
Interest coverage ratio | -0.6x |
Cash | NT$873.61m |
Equity | NT$761.85m |
Total liabilities | NT$1.13b |
Total assets | NT$1.89b |
Recent financial health updates
Recent updates
Does Samebest (GTSM:8489) Have A Healthy Balance Sheet?
Jan 21Are Samebest's (GTSM:8489) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 23Samebest's (GTSM:8489) Stock Price Has Reduced 67% In The Past Three Years
Dec 03Factors Income Investors Should Consider Before Adding Samebest Co., Ltd. (GTSM:8489) To Their Portfolio
Nov 18Financial Position Analysis
Short Term Liabilities: 8489's short term assets (NT$983.3M) exceed its short term liabilities (NT$885.3M).
Long Term Liabilities: 8489's short term assets (NT$983.3M) exceed its long term liabilities (NT$239.7M).
Debt to Equity History and Analysis
Debt Level: 8489 has more cash than its total debt.
Reducing Debt: 8489's debt to equity ratio has increased from 2% to 38.4% over the past 5 years.
Debt Coverage: 8489's debt is well covered by operating cash flow (54.4%).
Interest Coverage: 8489 earns more interest than it pays, so coverage of interest payments is not a concern.