Ardentec Balance Sheet Health
Financial Health criteria checks 4/6
Ardentec has a total shareholder equity of NT$17.3B and total debt of NT$9.5B, which brings its debt-to-equity ratio to 54.9%. Its total assets and total liabilities are NT$32.4B and NT$15.1B respectively. Ardentec's EBIT is NT$3.0B making its interest coverage ratio 22.5. It has cash and short-term investments of NT$3.7B.
Key information
54.9%
Debt to equity ratio
NT$9.48b
Debt
| Interest coverage ratio | 22.5x |
| Cash | NT$3.73b |
| Equity | NT$17.26b |
| Total liabilities | NT$15.12b |
| Total assets | NT$32.38b |
Recent financial health updates
Is Ardentec (GTSM:3264) A Risky Investment?
Mar 15
Ardentec (GTSM:3264) Seems To Use Debt Quite Sensibly
Dec 13
Recent updates
Is Ardentec (GTSM:3264) A Risky Investment?
Mar 15Our Take On The Returns On Capital At Ardentec (GTSM:3264)
Feb 23Ardentec Corporation (GTSM:3264) Is Yielding 2.7% - But Is It A Buy?
Feb 05Is Ardentec Corporation's(GTSM:3264) Recent Stock Performance Tethered To Its Strong Fundamentals?
Jan 18Ardentec (GTSM:3264) Has Gifted Shareholders With A Fantastic 135% Total Return On Their Investment
Dec 31Ardentec (GTSM:3264) Seems To Use Debt Quite Sensibly
Dec 13Has Ardentec (GTSM:3264) Got What It Takes To Become A Multi-Bagger?
Nov 25Financial Position Analysis
Short Term Liabilities: 3264's short term assets (NT$7.9B) exceed its short term liabilities (NT$6.4B).
Long Term Liabilities: 3264's short term assets (NT$7.9B) do not cover its long term liabilities (NT$8.7B).
Debt to Equity History and Analysis
Debt Level: 3264's net debt to equity ratio (33.3%) is considered satisfactory.
Reducing Debt: 3264's debt to equity ratio has increased from 44.6% to 54.9% over the past 5 years.
Debt Coverage: 3264's debt is well covered by operating cash flow (67%).
Interest Coverage: 3264's interest payments on its debt are well covered by EBIT (22.5x coverage).