Powertip Technology Balance Sheet Health
Financial Health criteria checks 6/6
Powertip Technology has a total shareholder equity of NT$1.9B and total debt of NT$53.6M, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are NT$2.2B and NT$353.6M respectively. Powertip Technology's EBIT is NT$76.1M making its interest coverage ratio -3.9. It has cash and short-term investments of NT$884.9M.
Key information
2.9%
Debt to equity ratio
NT$53.63m
Debt
| Interest coverage ratio | -3.9x |
| Cash | NT$884.85m |
| Equity | NT$1.86b |
| Total liabilities | NT$353.64m |
| Total assets | NT$2.22b |
Recent financial health updates
Is Powertip Technology (GTSM:6167) Using Too Much Debt?
Apr 28
Is Powertip Technology (GTSM:6167) Using Too Much Debt?
Jan 27
Recent updates
Is Powertip Technology (GTSM:6167) Using Too Much Debt?
Apr 28Powertip Technology's (GTSM:6167) Soft Earnings Are Actually Better Than They Appear
Apr 06The Returns At Powertip Technology (GTSM:6167) Provide Us With Signs Of What's To Come
Mar 03Is Powertip Technology (GTSM:6167) Using Too Much Debt?
Jan 27Powertip Technology Corporation (GTSM:6167) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Dec 29Has Powertip Technology (GTSM:6167) Got What It Takes To Become A Multi-Bagger?
Dec 03Financial Position Analysis
Short Term Liabilities: 6167's short term assets (NT$1.4B) exceed its short term liabilities (NT$326.1M).
Long Term Liabilities: 6167's short term assets (NT$1.4B) exceed its long term liabilities (NT$27.6M).
Debt to Equity History and Analysis
Debt Level: 6167 has more cash than its total debt.
Reducing Debt: 6167's debt to equity ratio has reduced from 16.1% to 2.9% over the past 5 years.
Debt Coverage: 6167's debt is well covered by operating cash flow (472%).
Interest Coverage: 6167 earns more interest than it pays, so coverage of interest payments is not a concern.