Bedding World Balance Sheet Health
Financial Health criteria checks 5/6
Bedding World has a total shareholder equity of NT$658.4M and total debt of NT$109.0M, which brings its debt-to-equity ratio to 16.6%. Its total assets and total liabilities are NT$1.7B and NT$1.0B respectively. Bedding World's EBIT is NT$122.5M making its interest coverage ratio 10.4. It has cash and short-term investments of NT$434.8M.
Key information
16.6%
Debt to equity ratio
NT$109.00m
Debt
| Interest coverage ratio | 10.4x |
| Cash | NT$434.76m |
| Equity | NT$658.42m |
| Total liabilities | NT$1.01b |
| Total assets | NT$1.67b |
Recent financial health updates
Recent updates
The Returns At Bedding World (GTSM:2938) Aren't Growing
Apr 25
Here's What You Should Know About Bedding World Co., Ltd.'s (GTSM:2938) 6.4% Dividend Yield
Mar 28Declining Stock and Solid Fundamentals: Is The Market Wrong About Bedding World Co., Ltd. (GTSM:2938)?
Feb 03
The Returns At Bedding World (GTSM:2938) Provide Us With Signs Of What's To Come
Jan 13Bedding World (GTSM:2938) Has A Pretty Healthy Balance Sheet
Dec 23Could Bedding World Co., Ltd. (GTSM:2938) Have The Makings Of Another Dividend Aristocrat?
Dec 05Financial Position Analysis
Short Term Liabilities: 2938's short term assets (NT$560.3M) exceed its short term liabilities (NT$409.2M).
Long Term Liabilities: 2938's short term assets (NT$560.3M) do not cover its long term liabilities (NT$605.2M).
Debt to Equity History and Analysis
Debt Level: 2938 has more cash than its total debt.
Reducing Debt: 2938's debt to equity ratio has reduced from 58.1% to 16.6% over the past 5 years.
Debt Coverage: 2938's debt is well covered by operating cash flow (211.1%).
Interest Coverage: 2938's interest payments on its debt are well covered by EBIT (10.4x coverage).