V-TAC TechnologyLtd Balance Sheet Health

Financial Health criteria checks 5/6

V-TAC TechnologyLtd has a total shareholder equity of NT$661.9M and total debt of NT$349.4M, which brings its debt-to-equity ratio to 52.8%. Its total assets and total liabilities are NT$1.5B and NT$863.6M respectively. V-TAC TechnologyLtd's EBIT is NT$2.6M making its interest coverage ratio -0.4. It has cash and short-term investments of NT$322.1M.

Key information

52.8%

Debt to equity ratio

NT$349.39m

Debt

Interest coverage ratio	-0.4x
Cash	NT$322.13m
Equity	NT$661.92m
Total liabilities	NT$863.63m
Total assets	NT$1.53b

Recent financial health updates

Does V-TAC TechnologyLtd (GTSM:6229) Have A Healthy Balance Sheet?

Apr 23

V-TAC TechnologyLtd (GTSM:6229) Seems To Use Debt Quite Sensibly

Jan 05

Recent updates

Does V-TAC TechnologyLtd (GTSM:6229) Have A Healthy Balance Sheet?

Apr 23

V-TAC TechnologyLtd's (GTSM:6229) Performance Is Even Better Than Its Earnings Suggest

Apr 01

V-TAC Technology Co.,Ltd. (GTSM:6229) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

Mar 09

Is V-TAC Technology Co.,Ltd. (GTSM:6229) The Right Choice For A Smart Dividend Investor?

Feb 16

What Do The Returns At V-TAC TechnologyLtd (GTSM:6229) Mean Going Forward?

Jan 26

V-TAC TechnologyLtd (GTSM:6229) Seems To Use Debt Quite Sensibly

Jan 05

V-TAC Technology Co.,Ltd.'s (GTSM:6229) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

Dec 08

Read This Before Buying V-TAC Technology Co.,Ltd. (GTSM:6229) For Its Dividend

Nov 17

Financial Position Analysis

Short Term Liabilities: 6229's short term assets (NT$992.2M) exceed its short term liabilities (NT$782.8M).

Long Term Liabilities: 6229's short term assets (NT$992.2M) exceed its long term liabilities (NT$80.8M).

Debt to Equity History and Analysis

Debt Level: 6229's net debt to equity ratio (4.1%) is considered satisfactory.

Reducing Debt: 6229's debt to equity ratio has increased from 10.3% to 52.8% over the past 5 years.

Debt Coverage: 6229's debt is well covered by operating cash flow (22.8%).

Interest Coverage: 6229 earns more interest than it pays, so coverage of interest payments is not a concern.

V-TAC TechnologyLtd Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Does V-TAC TechnologyLtd (GTSM:6229) Have A Healthy Balance Sheet?

V-TAC TechnologyLtd (GTSM:6229) Seems To Use Debt Quite Sensibly

Recent updates

Investor sentiment improves as stock rises 18%

Second quarter 2024 earnings released: EPS: NT$0.43 (vs NT$0.028 loss in 2Q 2023)

Investor sentiment deteriorates as stock falls 15%

Upcoming dividend of NT$0.50 per share

First quarter 2024 earnings released: EPS: NT$0.01 (vs NT$0.44 loss in 1Q 2023)

Full year 2023 earnings released: EPS: NT$0.05 (vs NT$2.22 in FY 2022)

V-TAC Technology Co.,Ltd., Annual General Meeting, Jun 20, 2024

New minor risk - Share price stability

Second quarter 2023 earnings released: NT$0.03 loss per share (vs NT$0.84 profit in 2Q 2022)

Upcoming dividend of NT$1.60 per share at 5.7% yield

Full year 2022 earnings released: EPS: NT$2.22 (vs NT$4.49 in FY 2021)

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: NT$0.58 (vs NT$1.81 in 3Q 2021)

Now 21% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Now 20% undervalued after recent price drop

Second quarter 2022 earnings released: EPS: NT$0.84 (vs NT$1.22 in 2Q 2021)

Investor sentiment improved over the past week

Upcoming dividend of NT$2.50 per share

First quarter 2022 earnings released: EPS: NT$0.98 (vs NT$0.56 in 1Q 2021)

Less than half of directors are independent

Full year 2021 earnings released: EPS: NT$4.49 (vs NT$1.32 in FY 2020)

Third quarter 2021 earnings released: EPS NT$1.81 (vs NT$0.81 in 3Q 2020)

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS NT$1.22 (vs NT$0.46 in 2Q 2020)

Investor sentiment deteriorated over the past week

Upcoming dividend of NT$1.02 per share

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS NT$0.56 (vs NT$0.12 loss in 1Q 2020)

Investor sentiment deteriorated over the past week

Does V-TAC TechnologyLtd (GTSM:6229) Have A Healthy Balance Sheet?

Investor sentiment improved over the past week

V-TAC TechnologyLtd's (GTSM:6229) Performance Is Even Better Than Its Earnings Suggest

Full year 2020 earnings released: EPS NT$1.31 (vs NT$0.59 in FY 2019)

V-TAC Technology Co.,Ltd. (GTSM:6229) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

Investor sentiment improved over the past week

Is V-TAC Technology Co.,Ltd. (GTSM:6229) The Right Choice For A Smart Dividend Investor?

What Do The Returns At V-TAC TechnologyLtd (GTSM:6229) Mean Going Forward?

V-TAC TechnologyLtd (GTSM:6229) Seems To Use Debt Quite Sensibly

Investor sentiment improved over the past week

New 90-day high: NT$30.40

V-TAC Technology Co.,Ltd.'s (GTSM:6229) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

New 90-day high: NT$29.15

Market bids up stock over the past week

Read This Before Buying V-TAC Technology Co.,Ltd. (GTSM:6229) For Its Dividend

Third quarter 2020 earnings released: EPS NT$0.81

New 90-day high - NT$23.40

First half earnings released

New 90-day high - NT$21.90

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Discover healthy companies