Gudeng Precision Industrial Balance Sheet Health
Financial Health criteria checks 5/6
Gudeng Precision Industrial has a total shareholder equity of NT$11.1B and total debt of NT$5.8B, which brings its debt-to-equity ratio to 51.9%. Its total assets and total liabilities are NT$19.3B and NT$8.2B respectively. Gudeng Precision Industrial's EBIT is NT$1.4B making its interest coverage ratio -349.3. It has cash and short-term investments of NT$4.9B.
Key information
51.9%
Debt to equity ratio
NT$5.77b
Debt
Interest coverage ratio | -349.3x |
Cash | NT$4.93b |
Equity | NT$11.12b |
Total liabilities | NT$8.20b |
Total assets | NT$19.33b |
Recent financial health updates
Does Gudeng Precision Industrial (GTSM:3680) Have A Healthy Balance Sheet?
Mar 18We Think Gudeng Precision Industrial (GTSM:3680) Is Taking Some Risk With Its Debt
Dec 14Recent updates
Read This Before Buying Gudeng Precision Industrial Co., Ltd (GTSM:3680) For Its Dividend
Apr 23Is Now An Opportune Moment To Examine Gudeng Precision Industrial Co., Ltd (GTSM:3680)?
Apr 05Does Gudeng Precision Industrial (GTSM:3680) Have A Healthy Balance Sheet?
Mar 18Will The ROCE Trend At Gudeng Precision Industrial (GTSM:3680) Continue?
Feb 28Gudeng Precision Industrial Co., Ltd's (GTSM:3680) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Feb 07We Wouldn't Rely On Gudeng Precision Industrial's (GTSM:3680) Statutory Earnings As A Guide
Jan 01We Think Gudeng Precision Industrial (GTSM:3680) Is Taking Some Risk With Its Debt
Dec 14What Do The Returns At Gudeng Precision Industrial (GTSM:3680) Mean Going Forward?
Nov 26Financial Position Analysis
Short Term Liabilities: 3680's short term assets (NT$8.8B) exceed its short term liabilities (NT$2.8B).
Long Term Liabilities: 3680's short term assets (NT$8.8B) exceed its long term liabilities (NT$5.4B).
Debt to Equity History and Analysis
Debt Level: 3680's net debt to equity ratio (7.5%) is considered satisfactory.
Reducing Debt: 3680's debt to equity ratio has reduced from 122.6% to 51.9% over the past 5 years.
Debt Coverage: 3680's debt is not well covered by operating cash flow (17.9%).
Interest Coverage: 3680 earns more interest than it pays, so coverage of interest payments is not a concern.