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$7.9B, which brings its debt-to-equity ratio to 87.8%. Its total assets and total liabilities are NT$17.7B and NT$8.7B respectively.
Key information
87.8%
Debt to equity ratio
NT$7.91b
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 (63.8%) is considered high.
Reducing Debt: 2406's debt to equity ratio has reduced from 163.8% to 87.8% 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
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 08:12 |
| End of Day Share Price | 2024/12/20 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 |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Gigastorage Corporation is covered by 4 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 |
|---|---|
| null null | E.Sun Securities Investment Consulting Co. Ltd. |
| Zixian Liang | KGI Securities Co. Ltd. |
| Harshal Moholkar | Virtua Research Inc. |