Ligitek ElectronicsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Ligitek ElectronicsLtd has a total shareholder equity of NT$1.4B and total debt of NT$537.4M, which brings its debt-to-equity ratio to 39.6%. Its total assets and total liabilities are NT$2.1B and NT$777.2M respectively. Ligitek ElectronicsLtd's EBIT is NT$34.8M making its interest coverage ratio -1.6. It has cash and short-term investments of NT$747.4M.
Key information
39.6%
Debt to equity ratio
NT$537.41m
Debt
| Interest coverage ratio | -1.6x |
| Cash | NT$747.40m |
| Equity | NT$1.36b |
| Total liabilities | NT$777.20m |
| Total assets | NT$2.13b |
Recent financial health updates
Recent updates
Is Ligitek Electronics Co., Ltd. (GTSM:8111) A Smart Pick For Income Investors?
Feb 17
Ligitek Electronics (GTSM:8111) Has A Rock Solid Balance Sheet
Jan 29Shareholders of Ligitek Electronics (GTSM:8111) Must Be Delighted With Their 348% Total Return
Jan 14
What Do The Returns At Ligitek Electronics (GTSM:8111) Mean Going Forward?
Dec 17Ligitek Electronics Co., Ltd.'s (GTSM:8111) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Dec 02Ligitek Electronics (GTSM:8111) Is Growing Earnings But Are They A Good Guide?
Nov 18Financial Position Analysis
Short Term Liabilities: 8111's short term assets (NT$1.4B) exceed its short term liabilities (NT$731.2M).
Long Term Liabilities: 8111's short term assets (NT$1.4B) exceed its long term liabilities (NT$46.0M).
Debt to Equity History and Analysis
Debt Level: 8111 has more cash than its total debt.
Reducing Debt: 8111's debt to equity ratio has increased from 31.9% to 39.6% over the past 5 years.
Debt Coverage: 8111's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: 8111 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 18:43 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ligitek Electronics Co.,Ltd is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jared Wang | IBTS Investment Consulting Co., Ltd. |
| Zhilong Yen | Masterlink Securities Corp. |