Gallant Micro. Machining Balance Sheet Health
Financial Health criteria checks 5/6
Gallant Micro. Machining has a total shareholder equity of NT$1.4B and total debt of NT$619.7M, which brings its debt-to-equity ratio to 43.4%. Its total assets and total liabilities are NT$3.2B and NT$1.8B respectively. Gallant Micro. Machining's EBIT is NT$230.3M making its interest coverage ratio -29.9. It has cash and short-term investments of NT$896.7M.
Key information
43.4%
Debt to equity ratio
NT$619.68m
Debt
Interest coverage ratio | -29.9x |
Cash | NT$896.72m |
Equity | NT$1.43b |
Total liabilities | NT$1.78b |
Total assets | NT$3.20b |
Recent financial health updates
Is Gallant Micro. Machining (GTSM:6640) Using Too Much Debt?
Feb 16Does Gallant Micro. Machining (GTSM:6640) Have A Healthy Balance Sheet?
Nov 17Recent updates
Gallant Micro. Machining (GTSM:6640) Will Will Want To Turn Around Its Return Trends
Apr 01Gallant Micro. Machining Co., LTD. (GTSM:6640) Investors Should Think About This Before Buying It For Its Dividend
Mar 11Is Gallant Micro. Machining (GTSM:6640) Using Too Much Debt?
Feb 16Gallant Micro. Machining Co., LTD.'s (GTSM:6640) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?
Jan 29Did You Miss Gallant Micro. Machining's (GTSM:6640) 69% Share Price Gain?
Jan 13Has Gallant Micro. Machining (GTSM:6640) Got What It Takes To Become A Multi-Bagger?
Dec 30Should You Use Gallant Micro. Machining's (GTSM:6640) Statutory Earnings To Analyse It?
Dec 09Does Gallant Micro. Machining (GTSM:6640) Have A Healthy Balance Sheet?
Nov 17Financial Position Analysis
Short Term Liabilities: 6640's short term assets (NT$2.0B) exceed its short term liabilities (NT$1.5B).
Long Term Liabilities: 6640's short term assets (NT$2.0B) exceed its long term liabilities (NT$273.3M).
Debt to Equity History and Analysis
Debt Level: 6640 has more cash than its total debt.
Reducing Debt: 6640's debt to equity ratio has increased from 28.5% to 43.4% over the past 5 years.
Debt Coverage: 6640's debt is well covered by operating cash flow (101.3%).
Interest Coverage: 6640 earns more interest than it pays, so coverage of interest payments is not a concern.