V-TAC TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
V-TAC TechnologyLtd has a total shareholder equity of NT$656.6M and total debt of NT$352.6M, which brings its debt-to-equity ratio to 53.7%. Its total assets and total liabilities are NT$1.5B and NT$865.4M respectively. V-TAC TechnologyLtd's EBIT is NT$20.6M making its interest coverage ratio -5.1. It has cash and short-term investments of NT$275.0M.
Key information
53.7%
Debt to equity ratio
NT$352.63m
Debt
| Interest coverage ratio | -5.1x |
| Cash | NT$274.98m |
| Equity | NT$656.61m |
| Total liabilities | NT$865.36m |
| Total assets | NT$1.52b |
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$994.5M) exceed its short term liabilities (NT$784.1M).
Long Term Liabilities: 6229's short term assets (NT$994.5M) exceed its long term liabilities (NT$81.3M).
Debt to Equity History and Analysis
Debt Level: 6229's net debt to equity ratio (11.8%) is considered satisfactory.
Reducing Debt: 6229's debt to equity ratio has increased from 11.4% to 53.7% over the past 5 years.
Debt Coverage: 6229's debt is well covered by operating cash flow (20.8%).
Interest Coverage: 6229 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 03:35 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
V-TAC Technology Co.,Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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