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.