Wholetech System Hitech Balance Sheet Health
Financial Health criteria checks 6/6
Wholetech System Hitech has a total shareholder equity of NT$1.9B and total debt of NT$160.7M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are NT$6.2B and NT$4.2B respectively. Wholetech System Hitech's EBIT is NT$572.6M making its interest coverage ratio -37.7. It has cash and short-term investments of NT$2.6B.
Key information
8.3%
Debt to equity ratio
NT$160.74m
Debt
| Interest coverage ratio | -37.7x |
| Cash | NT$2.55b |
| Equity | NT$1.94b |
| Total liabilities | NT$4.25b |
| Total assets | NT$6.19b |
Recent financial health updates
No updates
Recent updates
Is There More Growth In Store For Wholetech System Hitech's (GTSM:3402) Returns On Capital?
Mar 10
Could Wholetech System Hitech Limited (GTSM:3402) Have The Makings Of Another Dividend Aristocrat?
Feb 01Are Strong Financial Prospects The Force That Is Driving The Momentum In Wholetech System Hitech Limited's GTSM:3402) Stock?
Jan 15
Did You Participate In Any Of Wholetech System Hitech's (GTSM:3402) Fantastic 223% Return ?
Dec 28Here’s What’s Happening With Returns At Wholetech System Hitech (GTSM:3402)
Dec 10Here's Why Wholetech System Hitech's (GTSM:3402) Statutory Earnings Are Arguably Too Conservative
Nov 22Financial Position Analysis
Short Term Liabilities: 3402's short term assets (NT$5.2B) exceed its short term liabilities (NT$4.1B).
Long Term Liabilities: 3402's short term assets (NT$5.2B) exceed its long term liabilities (NT$192.0M).
Debt to Equity History and Analysis
Debt Level: 3402 has more cash than its total debt.
Reducing Debt: 3402's debt to equity ratio has reduced from 12.8% to 8.3% over the past 5 years.
Debt Coverage: 3402's debt is well covered by operating cash flow (755.8%).
Interest Coverage: 3402 earns more interest than it pays, so coverage of interest payments is not a concern.