Full Wang International Development Balance Sheet Health
Financial Health criteria checks 3/6
Full Wang International Development has a total shareholder equity of NT$1.5B and total debt of NT$6.4B, which brings its debt-to-equity ratio to 428.2%. Its total assets and total liabilities are NT$10.3B and NT$8.8B respectively. Full Wang International Development's EBIT is NT$167.5M making its interest coverage ratio 37.2. It has cash and short-term investments of NT$648.2M.
Key information
428.2%
Debt to equity ratio
NT$6.38b
Debt
| Interest coverage ratio | 37.2x |
| Cash | NT$648.24m |
| Equity | NT$1.49b |
| Total liabilities | NT$8.80b |
| Total assets | NT$10.29b |
Recent financial health updates
Here's Why Full Wang International Development (GTSM:6219) Can Manage Its Debt Responsibly
Mar 31
Full Wang International Development (GTSM:6219) Seems To Be Using A Lot Of Debt
Dec 15
Recent updates
Should You Buy Full Wang International Development Co., Ltd. (GTSM:6219) For Its Dividend?
Apr 30Here's Why Full Wang International Development (GTSM:6219) Can Manage Its Debt Responsibly
Mar 31Estimating The Intrinsic Value Of Full Wang International Development Co., Ltd. (GTSM:6219)
Mar 09Is Full Wang International Development Co., Ltd.'s (GTSM:6219) 8.0% ROE Better Than Average?
Feb 16Know This Before Buying Full Wang International Development Co., Ltd. (GTSM:6219) For Its Dividend
Jan 26Shareholders Of Full Wang International Development (GTSM:6219) Must Be Happy With Their 152% Total Return
Jan 05Full Wang International Development (GTSM:6219) Seems To Be Using A Lot Of Debt
Dec 15Should You Use Full Wang International Development's (GTSM:6219) Statutory Earnings To Analyse It?
Nov 27Financial Position Analysis
Short Term Liabilities: 6219's short term assets (NT$9.7B) exceed its short term liabilities (NT$8.4B).
Long Term Liabilities: 6219's short term assets (NT$9.7B) exceed its long term liabilities (NT$351.9M).
Debt to Equity History and Analysis
Debt Level: 6219's net debt to equity ratio (384.7%) is considered high.
Reducing Debt: 6219's debt to equity ratio has increased from 328.9% to 428.2% over the past 5 years.
Debt Coverage: 6219's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6219's interest payments on its debt are well covered by EBIT (37.2x coverage).