Zen Voce Balance Sheet Health
Financial Health criteria checks 5/6
Zen Voce has a total shareholder equity of NT$979.1M and total debt of NT$431.7M, which brings its debt-to-equity ratio to 44.1%. Its total assets and total liabilities are NT$1.9B and NT$922.8M respectively. Zen Voce's EBIT is NT$50.1M making its interest coverage ratio -6.9. It has cash and short-term investments of NT$665.1M.
Key information
44.1%
Debt to equity ratio
NT$431.67m
Debt
| Interest coverage ratio | -6.9x |
| Cash | NT$665.14m |
| Equity | NT$979.10m |
| Total liabilities | NT$922.82m |
| Total assets | NT$1.90b |
Recent financial health updates
Is Zen Voce (GTSM:3581) A Risky Investment?
Mar 10
Zen Voce (GTSM:3581) Seems To Use Debt Rather Sparingly
Dec 10Recent updates
Should You Buy Zen Voce Corporation (GTSM:3581) For Its Dividend?
Mar 31Is Zen Voce (GTSM:3581) A Risky Investment?
Mar 10Will Zen Voce (GTSM:3581) Multiply In Value Going Forward?
Feb 04
Zen Voce Corporation's (GTSM:3581) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Jan 18Consider This Before Buying Zen Voce Corporation (GTSM:3581) For The 3.1% Dividend
Dec 28Zen Voce (GTSM:3581) Seems To Use Debt Rather Sparingly
Dec 10Are Zen Voce's (GTSM:3581) Statutory Earnings A Good Guide To Its Underlying Profitability?
Nov 22Financial Position Analysis
Short Term Liabilities: 3581's short term assets (NT$1.5B) exceed its short term liabilities (NT$871.4M).
Long Term Liabilities: 3581's short term assets (NT$1.5B) exceed its long term liabilities (NT$51.4M).
Debt to Equity History and Analysis
Debt Level: 3581 has more cash than its total debt.
Reducing Debt: 3581's debt to equity ratio has reduced from 46.6% to 44.1% over the past 5 years.
Debt Coverage: 3581's debt is not well covered by operating cash flow (12%).
Interest Coverage: 3581 earns more interest than it pays, so coverage of interest payments is not a concern.