Munsin Garment Balance Sheet Health
Financial Health criteria checks 5/6
Munsin Garment has a total shareholder equity of NT$1.1B and total debt of NT$164.7M, which brings its debt-to-equity ratio to 14.5%. Its total assets and total liabilities are NT$1.6B and NT$463.9M respectively. Munsin Garment's EBIT is NT$280.1M making its interest coverage ratio 253. It has cash and short-term investments of NT$70.4M.
Key information
14.5%
Debt to equity ratio
NT$164.66m
Debt
| Interest coverage ratio | 253x |
| Cash | NT$70.43m |
| Equity | NT$1.14b |
| Total liabilities | NT$463.92m |
| Total assets | NT$1.60b |
Recent financial health updates
Is Munsin Garment (GTSM:2916) Using Too Much Debt?
Apr 07
Is Munsin Garment (GTSM:2916) A Risky Investment?
Dec 22Recent updates
Is Munsin Garment (GTSM:2916) Using Too Much Debt?
Apr 07Calculating The Intrinsic Value Of Munsin Garment Corporation (GTSM:2916)
Mar 12Munsin Garment Corporation's (GTSM:2916) Financial Prospects Don't Look Very Positive: Could It Mean A Stock Price Drop In The Future?
Feb 13
The Returns At Munsin Garment (GTSM:2916) Provide Us With Signs Of What's To Come
Jan 18Is Munsin Garment (GTSM:2916) A Risky Investment?
Dec 22A Look At The Fair Value Of Munsin Garment Corporation (GTSM:2916)
Nov 26Financial Position Analysis
Short Term Liabilities: 2916's short term assets (NT$1.1B) exceed its short term liabilities (NT$408.5M).
Long Term Liabilities: 2916's short term assets (NT$1.1B) exceed its long term liabilities (NT$55.5M).
Debt to Equity History and Analysis
Debt Level: 2916's net debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: 2916's debt to equity ratio has increased from 14% to 14.5% over the past 5 years.
Debt Coverage: 2916's debt is well covered by operating cash flow (149.9%).
Interest Coverage: 2916's interest payments on its debt are well covered by EBIT (253x coverage).