ELTA TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
ELTA TechnologyLtd has a total shareholder equity of NT$656.6M and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$971.7M and NT$315.1M respectively. ELTA TechnologyLtd's EBIT is NT$221.2M making its interest coverage ratio -136.6. It has cash and short-term investments of NT$409.9M.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | -136.6x |
| Cash | NT$409.85m |
| Equity | NT$656.60m |
| Total liabilities | NT$315.10m |
| Total assets | NT$971.70m |
Recent financial health updates
Recent updates
ELTA TechnologyLtd's (TWSE:8487) Shareholders Should Assess Earnings With Caution
Nov 19
Investors Should Be Encouraged By ELTA TechnologyLtd's (TWSE:8487) Returns On Capital
Aug 07Investors Don't See Light At End Of ELTA Technology Co.,Ltd.'s (TWSE:8487) Tunnel
Mar 26ELTA TechnologyLtd (GTSM:8487) Will Be Hoping To Turn Its Returns On Capital Around
Apr 02How Does ELTA Technology Co.,Ltd. (GTSM:8487) Fare As A Dividend Stock?
Jan 21
ELTA TechnologyLtd (GTSM:8487) Has A Somewhat Strained Balance Sheet
Dec 17ELTA Technology Co.,Ltd.'s (GTSM:8487) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?
Nov 19Financial Position Analysis
Short Term Liabilities: 8487's short term assets (NT$921.1M) exceed its short term liabilities (NT$304.6M).
Long Term Liabilities: 8487's short term assets (NT$921.1M) exceed its long term liabilities (NT$10.5M).
Debt to Equity History and Analysis
Debt Level: 8487 is debt free.
Reducing Debt: 8487 has no debt compared to 5 years ago when its debt to equity ratio was 45.6%.
Debt Coverage: 8487 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 8487 has no debt, therefore 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 | 2024/12/29 03:00 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| 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
ELTA Technology Co.,Ltd. is covered by 1 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 |
|---|---|
| Zhaoxiang Yen | Capital Securities Corporation |