WITS Balance Sheet Health
Financial Health criteria checks 6/6
WITS has a total shareholder equity of NT$3.6B and total debt of NT$600.0K, which brings its debt-to-equity ratio to 0.02%. Its total assets and total liabilities are NT$5.5B and NT$1.9B respectively. WITS's EBIT is NT$621.4M making its interest coverage ratio -118.6. It has cash and short-term investments of NT$1.2B.
Key information
0.02%
Debt to equity ratio
NT$600.00k
Debt
Interest coverage ratio | -118.6x |
Cash | NT$1.15b |
Equity | NT$3.60b |
Total liabilities | NT$1.90b |
Total assets | NT$5.50b |
Recent financial health updates
Recent updates
Is Now An Opportune Moment To Examine Wistron Information Technology & Services Corporation (GTSM:4953)?
Apr 12Wistron Information Technology & Services Corporation (GTSM:4953) Is An Attractive Dividend Stock - Here's Why
Mar 27Does Wistron Information Technology & Services (GTSM:4953) Have The Makings Of A Multi-Bagger?
Mar 09Wistron Information Technology & Services Corporation's (GTSM:4953) Stock Been Rising: Are Strong Financials Guiding The Market?
Feb 19Wistron Information Technology & Services (GTSM:4953) Seems To Use Debt Quite Sensibly
Feb 01Wistron Information Technology & Services (GTSM:4953) Has Rewarded Shareholders With An Exceptional 643% Total Return On Their Investment
Jan 13Is Wistron Information Technology & Services Corporation (GTSM:4953) A Smart Choice For Dividend Investors?
Dec 26Does Wistron Information Technology & Services (GTSM:4953) Have The Makings Of A Multi-Bagger?
Dec 08Financial Position Analysis
Short Term Liabilities: 4953's short term assets (NT$4.6B) exceed its short term liabilities (NT$1.7B).
Long Term Liabilities: 4953's short term assets (NT$4.6B) exceed its long term liabilities (NT$159.9M).
Debt to Equity History and Analysis
Debt Level: 4953 has more cash than its total debt.
Reducing Debt: 4953's debt to equity ratio has reduced from 8.2% to 0.02% over the past 5 years.
Debt Coverage: 4953's debt is well covered by operating cash flow (43860.2%).
Interest Coverage: 4953 earns more interest than it pays, so coverage of interest payments is not a concern.