Microtips Technology Balance Sheet Health
Financial Health criteria checks 6/6
Microtips Technology has a total shareholder equity of NT$611.9M and total debt of NT$4.7M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are NT$858.0M and NT$246.1M respectively. Microtips Technology's EBIT is NT$44.8M making its interest coverage ratio -4.7. It has cash and short-term investments of NT$501.2M.
Key information
0.8%
Debt to equity ratio
NT$4.68m
Debt
| Interest coverage ratio | -4.7x |
| Cash | NT$501.19m |
| Equity | NT$611.94m |
| Total liabilities | NT$246.09m |
| Total assets | NT$858.02m |
Recent financial health updates
No updates
Recent updates
Here's What You Should Know About Microtips Technology Inc.'s (GTSM:3285) 1.6% Dividend Yield
Apr 06
Could Microtips Technology Inc.'s (GTSM:3285) Weak Financials Mean That The Market Could Correct Its Share Price?
Feb 28Has Microtips Technology (GTSM:3285) Got What It Takes To Become A Multi-Bagger?
Jan 24
Microtips Technology Inc.'s (GTSM:3285) Popularity With Investors Is Under Threat From Overpricing
Dec 20Financial Position Analysis
Short Term Liabilities: 3285's short term assets (NT$736.5M) exceed its short term liabilities (NT$211.3M).
Long Term Liabilities: 3285's short term assets (NT$736.5M) exceed its long term liabilities (NT$34.8M).
Debt to Equity History and Analysis
Debt Level: 3285 has more cash than its total debt.
Reducing Debt: 3285's debt to equity ratio has reduced from 6.9% to 0.8% over the past 5 years.
Debt Coverage: 3285's debt is well covered by operating cash flow (320.5%).
Interest Coverage: 3285 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 00:27 |
| End of Day Share Price | 2024/12/20 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 |
| |
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Microtips Technology Inc. is covered by 1 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 |
|---|---|
| Ssu-Han Fu | Jih Sun Securities Investment Consulting Co., Ltd. |