Cystech Electronics Balance Sheet Health
Financial Health criteria checks 6/6
Cystech Electronics has a total shareholder equity of NT$1.1B and total debt of NT$605.9M, which brings its debt-to-equity ratio to 52.8%. Its total assets and total liabilities are NT$2.0B and NT$807.1M respectively. Cystech Electronics's EBIT is NT$229.4M making its interest coverage ratio -28.1. It has cash and short-term investments of NT$546.2M.
Key information
52.8%
Debt to equity ratio
NT$605.94m
Debt
| Interest coverage ratio | -28.1x |
| Cash | NT$546.16m |
| Equity | NT$1.15b |
| Total liabilities | NT$807.13m |
| Total assets | NT$1.95b |
Recent financial health updates
Recent updates
Cystech Electronics (GTSM:6651) Could Become A Multi-Bagger
Mar 24
Are Strong Financial Prospects The Force That Is Driving The Momentum In Cystech Electronics Corp.'s GTSM:6651) Stock?
Mar 04Is There More To The Story Than Cystech Electronics' (GTSM:6651) Earnings Growth?
Feb 10The Case For Cystech Electronics Corp. (GTSM:6651): Could It Be A Nice Addition To Your Dividend Portfolio?
Jan 20Cystech Electronics (GTSM:6651) Has A Rock Solid Balance Sheet
Dec 31The Trend Of High Returns At Cystech Electronics (GTSM:6651) Has Us Very Interested
Dec 14
Shareholders Are Thrilled That The Cystech Electronics (GTSM:6651) Share Price Increased 138%
Nov 24Financial Position Analysis
Short Term Liabilities: 6651's short term assets (NT$1.5B) exceed its short term liabilities (NT$787.1M).
Long Term Liabilities: 6651's short term assets (NT$1.5B) exceed its long term liabilities (NT$20.0M).
Debt to Equity History and Analysis
Debt Level: 6651's net debt to equity ratio (5.2%) is considered satisfactory.
Reducing Debt: 6651's debt to equity ratio has reduced from 78.8% to 52.8% over the past 5 years.
Debt Coverage: 6651's debt is well covered by operating cash flow (55.4%).
Interest Coverage: 6651 earns more interest than it pays, so coverage of interest payments is not a concern.