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 |
| Cash | NT$480.60m |
| Equity | NT$1.90b |
| Total liabilities | NT$472.52m |
| Total assets | NT$2.37b |
Recent financial health updates
These 4 Measures Indicate That ASolid Technology (GTSM:6485) Is Using Debt Reasonably Well
Mar 17
Does ASolid Technology (GTSM:6485) Have A Healthy Balance Sheet?
Dec 09
Recent updates
The Returns On Capital At ASolid Technology (GTSM:6485) Don't Inspire Confidence
Apr 13These 4 Measures Indicate That ASolid Technology (GTSM:6485) Is Using Debt Reasonably Well
Mar 17ASolid Technology Co., Ltd.'s (GTSM:6485) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Feb 16Should ASolid Technology (GTSM:6485) Be Disappointed With Their 23% Profit?
Jan 20The Returns At ASolid Technology (GTSM:6485) Provide Us With Signs Of What's To Come
Dec 29Does ASolid Technology (GTSM:6485) Have A Healthy Balance Sheet?
Dec 09Can Mixed Financials Have A Negative Impact on ASolid Technology Co., Ltd.'s 's (GTSM:6485) Current Price Momentum?
Nov 17Financial 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.