Wholetech System Hitech Balance Sheet Health
Financial Health criteria checks 5/6
Wholetech System Hitech has a total shareholder equity of NT$1.9B and total debt of NT$363.1M, which brings its debt-to-equity ratio to 19.4%. Its total assets and total liabilities are NT$6.1B and NT$4.3B respectively. Wholetech System Hitech's EBIT is NT$456.7M making its interest coverage ratio -10. It has cash and short-term investments of NT$2.1B.
Key information
19.4%
Debt to equity ratio
NT$363.14m
Debt
| Interest coverage ratio | -10x |
| Cash | NT$2.10b |
| Equity | NT$1.87b |
| Total liabilities | NT$4.27b |
| Total assets | NT$6.14b |
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$5.4B) exceed its short term liabilities (NT$4.1B).
Long Term Liabilities: 3402's short term assets (NT$5.4B) exceed its long term liabilities (NT$166.6M).
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 increased from 8.2% to 19.4% over the past 5 years.
Debt Coverage: 3402's debt is well covered by operating cash flow (65.3%).
Interest Coverage: 3402 earns more interest than it pays, so coverage of interest payments is not a concern.