ASolid Technology Co., Ltd.

TPEX:6485 Stock Report

Market Cap: NT$3.5b

ASolid Technology Balance Sheet Health

Financial Health criteria checks 6/6

ASolid Technology has a total shareholder equity of NT$1.9B and total debt of NT$64.0M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are NT$2.4B and NT$472.5M respectively. ASolid Technology's EBIT is NT$1.3M making its interest coverage ratio -1.4. It has cash and short-term investments of NT$480.6M.

Key information

3.4%

Debt to equity ratio

NT$64.00m

Debt

Interest coverage ratio-1.4x
CashNT$480.60m
EquityNT$1.90b
Total liabilitiesNT$472.52m
Total assetsNT$2.37b

Recent financial health updates

Recent updates

The Returns On Capital At ASolid Technology (GTSM:6485) Don't Inspire Confidence

Apr 13
The Returns On Capital At ASolid Technology (GTSM:6485) Don't Inspire Confidence

These 4 Measures Indicate That ASolid Technology (GTSM:6485) Is Using Debt Reasonably Well

Mar 17
These 4 Measures Indicate That ASolid Technology (GTSM:6485) Is Using Debt Reasonably Well

ASolid Technology Co., Ltd.'s (GTSM:6485) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?

Feb 16
ASolid Technology Co., Ltd.'s (GTSM:6485) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?

Should ASolid Technology (GTSM:6485) Be Disappointed With Their 23% Profit?

Jan 20
Should ASolid Technology (GTSM:6485) Be Disappointed With Their 23% Profit?

The Returns At ASolid Technology (GTSM:6485) Provide Us With Signs Of What's To Come

Dec 29
The Returns At ASolid Technology (GTSM:6485) Provide Us With Signs Of What's To Come

Does ASolid Technology (GTSM:6485) Have A Healthy Balance Sheet?

Dec 09
Does ASolid Technology (GTSM:6485) Have A Healthy Balance Sheet?

Can Mixed Financials Have A Negative Impact on ASolid Technology Co., Ltd.'s 's (GTSM:6485) Current Price Momentum?

Nov 17
Can Mixed Financials Have A Negative Impact on ASolid Technology Co., Ltd.'s 's (GTSM:6485) Current Price Momentum?

Financial Position Analysis

Short Term Liabilities: 6485's short term assets (NT$1.4B) exceed its short term liabilities (NT$466.2M).

Long Term Liabilities: 6485's short term assets (NT$1.4B) exceed its long term liabilities (NT$6.3M).


Debt to Equity History and Analysis

Debt Level: 6485 has more cash than its total debt.

Reducing Debt: 6485's debt to equity ratio has reduced from 13.5% to 3.4% over the past 5 years.

Debt Coverage: 6485's debt is well covered by operating cash flow (33.5%).

Interest Coverage: 6485 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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