Contrel Technology Balance Sheet Health
Financial Health criteria checks 6/6
Contrel Technology has a total shareholder equity of NT$3.3B and total debt of NT$349.6M, which brings its debt-to-equity ratio to 10.7%. Its total assets and total liabilities are NT$5.9B and NT$2.7B respectively. Contrel Technology's EBIT is NT$77.1M making its interest coverage ratio -1.7. It has cash and short-term investments of NT$2.0B.
Key information
10.7%
Debt to equity ratio
NT$349.63m
Debt
| Interest coverage ratio | -1.7x |
| Cash | NT$1.97b |
| Equity | NT$3.28b |
| Total liabilities | NT$2.66b |
| Total assets | NT$5.93b |
Recent financial health updates
Contrel Technology (GTSM:8064) Takes On Some Risk With Its Use Of Debt
Mar 23
Is Contrel Technology (GTSM:8064) Using Too Much Debt?
Nov 25Recent updates
Contrel Technology (GTSM:8064) Takes On Some Risk With Its Use Of Debt
Mar 23The Trends At Contrel Technology (GTSM:8064) That You Should Know About
Feb 24Is Contrel Technology Co., Ltd. (GTSM:8064) The Right Choice For A Smart Dividend Investor?
Jan 20Contrel Technology (GTSM:8064) Has Compensated Shareholders With A Respectable 47% Return On Their Investment
Dec 23Is Contrel Technology (GTSM:8064) Using Too Much Debt?
Nov 25Financial Position Analysis
Short Term Liabilities: 8064's short term assets (NT$4.5B) exceed its short term liabilities (NT$2.1B).
Long Term Liabilities: 8064's short term assets (NT$4.5B) exceed its long term liabilities (NT$537.7M).
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 71.7% to 10.7% over the past 5 years.
Debt Coverage: 8064's debt is well covered by operating cash flow (131.7%).
Interest Coverage: 8064 earns more interest than it pays, so coverage of interest payments is not a concern.