ThinTech Materials Technology Balance Sheet Health
Financial Health criteria checks 4/6
ThinTech Materials Technology has a total shareholder equity of NT$1.2B and total debt of NT$320.6M, which brings its debt-to-equity ratio to 26.8%. Its total assets and total liabilities are NT$1.8B and NT$627.8M respectively. ThinTech Materials Technology's EBIT is NT$48.1M making its interest coverage ratio 4.2. It has cash and short-term investments of NT$249.1M.
Key information
26.8%
Debt to equity ratio
NT$320.62m
Debt
| Interest coverage ratio | 4.2x |
| Cash | NT$249.10m |
| Equity | NT$1.20b |
| Total liabilities | NT$627.79m |
| Total assets | NT$1.82b |
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$1.3B) exceed its short term liabilities (NT$328.4M).
Long Term Liabilities: 3663's short term assets (NT$1.3B) exceed its long term liabilities (NT$299.4M).
Debt to Equity History and Analysis
Debt Level: 3663's net debt to equity ratio (6%) is considered satisfactory.
Reducing Debt: 3663's debt to equity ratio has increased from 16% to 26.8% over the past 5 years.
Debt Coverage: 3663's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: 3663's interest payments on its debt are well covered by EBIT (4.2x coverage).