V-TAC TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
V-TAC TechnologyLtd has a total shareholder equity of NT$639.3M and total debt of NT$245.2M, which brings its debt-to-equity ratio to 38.4%. Its total assets and total liabilities are NT$1.2B and NT$597.6M respectively.
Key information
38.4%
Debt to equity ratio
NT$245.19m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$173.05m |
| Equity | NT$639.25m |
| Total liabilities | NT$597.62m |
| Total assets | NT$1.24b |
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 23V-TAC TechnologyLtd's (GTSM:6229) Performance Is Even Better Than Its Earnings Suggest
Apr 01V-TAC Technology Co.,Ltd. (GTSM:6229) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Mar 09Is V-TAC Technology Co.,Ltd. (GTSM:6229) The Right Choice For A Smart Dividend Investor?
Feb 16What Do The Returns At V-TAC TechnologyLtd (GTSM:6229) Mean Going Forward?
Jan 26V-TAC TechnologyLtd (GTSM:6229) Seems To Use Debt Quite Sensibly
Jan 05V-TAC Technology Co.,Ltd.'s (GTSM:6229) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Dec 08Read This Before Buying V-TAC Technology Co.,Ltd. (GTSM:6229) For Its Dividend
Nov 17Financial Position Analysis
Short Term Liabilities: 6229's short term assets (NT$727.1M) exceed its short term liabilities (NT$517.9M).
Long Term Liabilities: 6229's short term assets (NT$727.1M) exceed its long term liabilities (NT$79.7M).
Debt to Equity History and Analysis
Debt Level: 6229's net debt to equity ratio (11.3%) is considered satisfactory.
Reducing Debt: 6229's debt to equity ratio has increased from 11.1% to 38.4% over the past 5 years.
Debt Coverage: 6229's debt is well covered by operating cash flow (23.9%).
Interest Coverage: Insufficient data to determine if 6229's interest payments on its debt are well covered by EBIT.