Genesis Technology Balance Sheet Health
Financial Health criteria checks 6/6
Genesis Technology has a total shareholder equity of NT$2.1B and total debt of NT$804.8M, which brings its debt-to-equity ratio to 38.4%. Its total assets and total liabilities are NT$5.5B and NT$3.4B respectively. Genesis Technology's EBIT is NT$370.6M making its interest coverage ratio -51.3. It has cash and short-term investments of NT$2.2B.
Key information
38.4%
Debt to equity ratio
NT$804.76m
Debt
| Interest coverage ratio | -51.3x |
| Cash | NT$2.24b |
| Equity | NT$2.09b |
| Total liabilities | NT$3.39b |
| Total assets | NT$5.49b |
Recent financial health updates
Recent updates
The Case For Genesis Technology, Inc. (GTSM:6221): Could It Be A Nice Addition To Your Dividend Portfolio?
Mar 17
The 25% Return On Capital At Genesis Technology (GTSM:6221) Got Our Attention
Feb 23Does Genesis Technology (GTSM:6221) Have A Healthy Balance Sheet?
Feb 05
Introducing Genesis Technology (GTSM:6221), The Stock That Zoomed 128% In The Last Three Years
Jan 20Genesis Technology, Inc.'s (GTSM:6221) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?
Jan 05Genesis Technology (GTSM:6221) Is Growing Earnings But Are They A Good Guide?
Dec 21Does Genesis Technology, Inc. (GTSM:6221) Have A Place In Your Dividend Portfolio?
Dec 03Will Genesis Technology (GTSM:6221) Become A Multi-Bagger?
Nov 18Financial Position Analysis
Short Term Liabilities: 6221's short term assets (NT$5.0B) exceed its short term liabilities (NT$3.1B).
Long Term Liabilities: 6221's short term assets (NT$5.0B) exceed its long term liabilities (NT$243.8M).
Debt to Equity History and Analysis
Debt Level: 6221 has more cash than its total debt.
Reducing Debt: 6221's debt to equity ratio has reduced from 87.7% to 38.4% over the past 5 years.
Debt Coverage: 6221's debt is well covered by operating cash flow (114.5%).
Interest Coverage: 6221 earns more interest than it pays, so coverage of interest payments is not a concern.