WITS Balance Sheet Health
Financial Health criteria checks 6/6
WITS has a total shareholder equity of NT$3.8B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$5.3B and NT$1.5B respectively. WITS's EBIT is NT$606.6M making its interest coverage ratio -122.6. It has cash and short-term investments of NT$1.1B.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | -122.6x |
| Cash | NT$1.13b |
| Equity | NT$3.78b |
| Total liabilities | NT$1.51b |
| Total assets | NT$5.29b |
Recent financial health updates
Recent updates
Is Now An Opportune Moment To Examine Wistron Information Technology & Services Corporation (GTSM:4953)?
Apr 12
Wistron 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 01
Wistron 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$4.4B) exceed its short term liabilities (NT$1.4B).
Long Term Liabilities: 4953's short term assets (NT$4.4B) exceed its long term liabilities (NT$155.4M).
Debt to Equity History and Analysis
Debt Level: 4953 is debt free.
Reducing Debt: 4953 has no debt compared to 5 years ago when its debt to equity ratio was 11%.
Debt Coverage: 4953 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 4953 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 23:25 |
| 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 |
| |
| 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
WITS Corp. is covered by 5 analysts. 1 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 |
|---|---|
| Yiho Liu | Capital Securities Corporation |
| Zhizhong Chen | Capital Securities Corporation |
| null null | Capital Securities Corporation |