Contrel Technology Co., Ltd.

TPEX:8064 Stock Report

Market Cap: NT$11.0b

Contrel Technology Balance Sheet Health

Financial Health criteria checks 6/6

Contrel Technology has a total shareholder equity of NT$3.2B and total debt of NT$364.0M, which brings its debt-to-equity ratio to 11.4%. Its total assets and total liabilities are NT$5.8B and NT$2.6B respectively. Contrel Technology's EBIT is NT$29.0M making its interest coverage ratio -0.6. It has cash and short-term investments of NT$2.0B.

Key information

11.4%

Debt to equity ratio

NT$364.00m

Debt

Interest coverage ratio-0.6x
CashNT$1.97b
EquityNT$3.19b
Total liabilitiesNT$2.64b
Total assetsNT$5.83b

Recent financial health updates

Recent updates

Contrel Technology (GTSM:8064) Takes On Some Risk With Its Use Of Debt

Mar 23
Contrel Technology (GTSM:8064) Takes On Some Risk With Its Use Of Debt

The Trends At Contrel Technology (GTSM:8064) That You Should Know About

Feb 24
The Trends At Contrel Technology (GTSM:8064) That You Should Know About

Is Contrel Technology Co., Ltd. (GTSM:8064) The Right Choice For A Smart Dividend Investor?

Jan 20
Is Contrel Technology Co., Ltd. (GTSM:8064) The Right Choice For A Smart Dividend Investor?

Contrel Technology (GTSM:8064) Has Compensated Shareholders With A Respectable 47% Return On Their Investment

Dec 23
Contrel Technology (GTSM:8064) Has Compensated Shareholders With A Respectable 47% Return On Their Investment

Is Contrel Technology (GTSM:8064) Using Too Much Debt?

Nov 25
Is Contrel Technology (GTSM:8064) Using Too Much Debt?

Financial Position Analysis

Short Term Liabilities: 8064's short term assets (NT$4.4B) exceed its short term liabilities (NT$2.1B).

Long Term Liabilities: 8064's short term assets (NT$4.4B) exceed its long term liabilities (NT$559.7M).


Debt to Equity History and Analysis

Debt Level: 8064 has more cash than its total debt.

Reducing Debt: 8064's debt to equity ratio has reduced from 83% to 11.4% over the past 5 years.

Debt Coverage: 8064's debt is well covered by operating cash flow (116.9%).

Interest Coverage: 8064 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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