Gigastorage Balance Sheet Health
Financial Health criteria checks 3/6
Gigastorage has a total shareholder equity of NT$9.0B and total debt of NT$7.0B, which brings its debt-to-equity ratio to 78%. Its total assets and total liabilities are NT$17.7B and NT$8.7B respectively.
Key information
78.0%
Debt to equity ratio
NT$7.03b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$2.16b |
| Equity | NT$9.01b |
| Total liabilities | NT$8.73b |
| Total assets | NT$17.74b |
Recent financial health updates
We Think Gigastorage (TWSE:2406) Has A Fair Chunk Of Debt
Jun 26
Does Gigastorage (TPE:2406) Have A Healthy Balance Sheet?
Mar 07Is Gigastorage (TPE:2406) Using Too Much Debt?
Nov 22
Recent updates
Gigastorage Corporation's (TWSE:2406) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Jul 05We Think Gigastorage (TWSE:2406) Has A Fair Chunk Of Debt
Jun 26Improved Revenues Required Before Gigastorage Corporation (TWSE:2406) Shares Find Their Feet
May 14Returns On Capital Signal Difficult Times Ahead For Gigastorage (TPE:2406)
Apr 16Does Gigastorage (TPE:2406) Have A Healthy Balance Sheet?
Mar 07Gigastorage's(TPE:2406) Share Price Is Down 67% Over The Past Five Years.
Jan 31Is Gigastorage (TPE:2406) Headed For Trouble?
Dec 27Is Gigastorage (TPE:2406) Using Too Much Debt?
Nov 22Financial Position Analysis
Short Term Liabilities: 2406's short term assets (NT$7.6B) exceed its short term liabilities (NT$3.9B).
Long Term Liabilities: 2406's short term assets (NT$7.6B) exceed its long term liabilities (NT$4.8B).
Debt to Equity History and Analysis
Debt Level: 2406's net debt to equity ratio (54%) is considered high.
Reducing Debt: 2406's debt to equity ratio has reduced from 163.8% to 78% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 2406 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 2406 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 43.8% each year