Ardentec Balance Sheet Health
Financial Health criteria checks 4/6
Ardentec has a total shareholder equity of NT$17.9B and total debt of NT$11.1B, which brings its debt-to-equity ratio to 61.9%. Its total assets and total liabilities are NT$33.7B and NT$15.7B respectively. Ardentec's EBIT is NT$2.6B making its interest coverage ratio 18.6. It has cash and short-term investments of NT$4.5B.
Key information
61.9%
Debt to equity ratio
NT$11.08b
Debt
| Interest coverage ratio | 18.6x |
| Cash | NT$4.45b |
| Equity | NT$17.91b |
| Total liabilities | NT$15.74b |
| Total assets | NT$33.65b |
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$8.4B) exceed its short term liabilities (NT$5.3B).
Long Term Liabilities: 3264's short term assets (NT$8.4B) do not cover its long term liabilities (NT$10.5B).
Debt to Equity History and Analysis
Debt Level: 3264's net debt to equity ratio (37%) is considered satisfactory.
Reducing Debt: 3264's debt to equity ratio has increased from 45.4% to 61.9% over the past 5 years.
Debt Coverage: 3264's debt is well covered by operating cash flow (55.5%).
Interest Coverage: 3264's interest payments on its debt are well covered by EBIT (18.6x coverage).