Golden Long Teng Development Balance Sheet Health
Financial Health criteria checks 4/6
Golden Long Teng Development has a total shareholder equity of NT$2.7B and total debt of NT$4.6B, which brings its debt-to-equity ratio to 166.2%. Its total assets and total liabilities are NT$8.3B and NT$5.6B respectively. Golden Long Teng Development's EBIT is NT$938.6M making its interest coverage ratio 143. It has cash and short-term investments of NT$400.8M.
Key information
166.2%
Debt to equity ratio
NT$4.57b
Debt
| Interest coverage ratio | 143x |
| Cash | NT$400.80m |
| Equity | NT$2.75b |
| Total liabilities | NT$5.55b |
| Total assets | NT$8.30b |
Recent financial health updates
These 4 Measures Indicate That Golden Long Teng Development (GTSM:3188) Is Using Debt In A Risky Way
Apr 06
Golden Long Teng Development (GTSM:3188) Use Of Debt Could Be Considered Risky
Dec 02
Recent updates
Golden Long Teng Development (GTSM:3188) Might Have The Makings Of A Multi-Bagger
Apr 23These 4 Measures Indicate That Golden Long Teng Development (GTSM:3188) Is Using Debt In A Risky Way
Apr 06Are Dividend Investors Making A Mistake With Golden Long Teng Development Co., Ltd. (GTSM:3188)?
Mar 19Golden Long Teng Development (GTSM:3188) Share Prices Have Dropped 30% In The Last Three Years
Mar 01Can Golden Long Teng Development Co., Ltd. (GTSM:3188) Improve Its Returns?
Feb 03Are Golden Long Teng Development's (GTSM:3188) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Jan 13Does Golden Long Teng Development (GTSM:3188) Have The Makings Of A Multi-Bagger?
Dec 23Golden Long Teng Development (GTSM:3188) Use Of Debt Could Be Considered Risky
Dec 02Financial Position Analysis
Short Term Liabilities: 3188's short term assets (NT$8.3B) exceed its short term liabilities (NT$4.6B).
Long Term Liabilities: 3188's short term assets (NT$8.3B) exceed its long term liabilities (NT$978.0M).
Debt to Equity History and Analysis
Debt Level: 3188's net debt to equity ratio (151.6%) is considered high.
Reducing Debt: 3188's debt to equity ratio has reduced from 247.2% to 166.2% over the past 5 years.
Debt Coverage: 3188's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: 3188's interest payments on its debt are well covered by EBIT (143x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 09:53 |
| End of Day Share Price | 2024/12/31 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| 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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Industry and Sector Metrics
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Analyst Sources
Golden Long Teng Development Co., Ltd. is covered by 0 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 |
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