ThinTech Materials Technology Balance Sheet Health
Financial Health criteria checks 4/6
ThinTech Materials Technology has a total shareholder equity of NT$2.3B and total debt of NT$763.2M, which brings its debt-to-equity ratio to 32.7%. Its total assets and total liabilities are NT$4.4B and NT$2.1B respectively. ThinTech Materials Technology's EBIT is NT$10.3M making its interest coverage ratio 8.5. It has cash and short-term investments of NT$531.9M.
Key information
32.7%
Debt to equity ratio
NT$763.17m
Debt
| Interest coverage ratio | 8.5x |
| Cash | NT$531.94m |
| Equity | NT$2.33b |
| Total liabilities | NT$2.07b |
| Total assets | NT$4.40b |
Recent financial health updates
Is ThinTech Materials Technology (GTSM:3663) Using Too Much Debt?
Feb 19
ThinTech Materials Technology (GTSM:3663) Has A Rock Solid Balance Sheet
Nov 18Recent updates
The Return Trends At ThinTech Materials Technology (GTSM:3663) Look Promising
Apr 18Could ThinTech Materials Technology Co., Ltd. (GTSM:3663) Have The Makings Of Another Dividend Aristocrat?
Mar 30Did ThinTech Materials Technology's (GTSM:3663) Share Price Deserve to Gain 32%?
Mar 09Is ThinTech Materials Technology (GTSM:3663) Using Too Much Debt?
Feb 19ThinTech Materials Technology Co., Ltd.'s (GTSM:3663) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
Feb 04What Can The Trends At ThinTech Materials Technology (GTSM:3663) Tell Us About Their Returns?
Jan 17
We're Not So Sure You Should Rely on ThinTech Materials Technology's (GTSM:3663) Statutory Earnings
Jan 02How Does ThinTech Materials Technology Co., Ltd. (GTSM:3663) Fare As A Dividend Stock?
Dec 18ThinTech Materials Technology (GTSM:3663) Shareholders Have Enjoyed A 25% Share Price Gain
Dec 03ThinTech Materials Technology (GTSM:3663) Has A Rock Solid Balance Sheet
Nov 18Financial Position Analysis
Short Term Liabilities: 3663's short term assets (NT$3.4B) exceed its short term liabilities (NT$1.4B).
Long Term Liabilities: 3663's short term assets (NT$3.4B) exceed its long term liabilities (NT$647.9M).
Debt to Equity History and Analysis
Debt Level: 3663's net debt to equity ratio (9.9%) is considered satisfactory.
Reducing Debt: 3663's debt to equity ratio has increased from 12.5% to 32.7% over the past 5 years.
Debt Coverage: 3663's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3663's interest payments on its debt are well covered by EBIT (8.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 07:26 |
| End of Day Share Price | 2025/01/02 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 |
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| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
ThinTech Materials Technology Co., Ltd. is covered by 1 analysts. 1 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 |
|---|---|
| Licheng Zhuang | Capital Securities Corporation |