Gallant Precision Machining Balance Sheet Health
Financial Health criteria checks 5/6
Gallant Precision Machining has a total shareholder equity of NT$3.8B and total debt of NT$2.6B, which brings its debt-to-equity ratio to 70.6%. Its total assets and total liabilities are NT$8.7B and NT$4.9B respectively. Gallant Precision Machining's EBIT is NT$154.6M making its interest coverage ratio -1.8. It has cash and short-term investments of NT$2.1B.
Key information
70.6%
Debt to equity ratio
NT$2.65b
Debt
| Interest coverage ratio | -1.8x |
| Cash | NT$2.05b |
| Equity | NT$3.75b |
| Total liabilities | NT$4.94b |
| Total assets | NT$8.69b |
Recent financial health updates
Recent updates
Returns On Capital At Gallant Precision Machining (GTSM:5443) Paint A Concerning Picture
Apr 18
Investors Who Bought Gallant Precision Machining (GTSM:5443) Shares A Year Ago Are Now Up 149%
Mar 09We Think Gallant Precision Machining (GTSM:5443) Can Stay On Top Of Its Debt
Feb 16Should Gallant Precision Machining Co., Ltd. (GTSM:5443) Be Part Of Your Dividend Portfolio?
Feb 01How Well Is Gallant Precision Machining (GTSM:5443) Allocating Its Capital?
Jan 17
Gallant Precision Machining Co., Ltd.'s (GTSM:5443) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?
Dec 31Should You Use Gallant Precision Machining's (GTSM:5443) Statutory Earnings To Analyse It?
Dec 16Did You Participate In Any Of Gallant Precision Machining's (GTSM:5443) Fantastic 236% Return ?
Dec 01Financial Position Analysis
Short Term Liabilities: 5443's short term assets (NT$4.8B) exceed its short term liabilities (NT$4.2B).
Long Term Liabilities: 5443's short term assets (NT$4.8B) exceed its long term liabilities (NT$739.1M).
Debt to Equity History and Analysis
Debt Level: 5443's net debt to equity ratio (15.9%) is considered satisfactory.
Reducing Debt: 5443's debt to equity ratio has increased from 43.4% to 70.6% over the past 5 years.
Debt Coverage: 5443's debt is well covered by operating cash flow (23.6%).
Interest Coverage: 5443 earns more interest than it pays, so coverage of interest payments is not a concern.