Channel Well TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Channel Well TechnologyLtd has a total shareholder equity of NT$6.6B and total debt of NT$500.0M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are NT$10.0B and NT$3.4B respectively. Channel Well TechnologyLtd's EBIT is NT$1.3B making its interest coverage ratio -9.8. It has cash and short-term investments of NT$3.9B.
Key information
7.6%
Debt to equity ratio
NT$500.00m
Debt
| Interest coverage ratio | -9.8x |
| Cash | NT$3.92b |
| Equity | NT$6.56b |
| Total liabilities | NT$3.43b |
| Total assets | NT$9.99b |
Recent financial health updates
We Think Channel Well TechnologyLtd (GTSM:3078) Can Manage Its Debt With Ease
Feb 17
Channel Well TechnologyLtd (GTSM:3078) Could Easily Take On More Debt
Nov 18Recent updates
Does Channel Well TechnologyLtd (GTSM:3078) Have The DNA Of A Multi-Bagger?
Mar 08We Think Channel Well TechnologyLtd (GTSM:3078) Can Manage Its Debt With Ease
Feb 17Channel Well Technology Co.,Ltd. (GTSM:3078) Is Yielding 3.1% - But Is It A Buy?
Feb 02Is There More To The Story Than Channel Well TechnologyLtd's (GTSM:3078) Earnings Growth?
Jan 03
Declining Stock and Decent Financials: Is The Market Wrong About Channel Well Technology Co.,Ltd. (GTSM:3078)?
Dec 18We Like Channel Well TechnologyLtd's (GTSM:3078) Returns And Here's How They're Trending
Dec 03Channel Well TechnologyLtd (GTSM:3078) Could Easily Take On More Debt
Nov 18Financial Position Analysis
Short Term Liabilities: 3078's short term assets (NT$7.8B) exceed its short term liabilities (NT$2.8B).
Long Term Liabilities: 3078's short term assets (NT$7.8B) exceed its long term liabilities (NT$587.7M).
Debt to Equity History and Analysis
Debt Level: 3078 has more cash than its total debt.
Reducing Debt: 3078's debt to equity ratio has reduced from 12.2% to 7.6% over the past 5 years.
Debt Coverage: 3078's debt is well covered by operating cash flow (323.5%).
Interest Coverage: 3078 earns more interest than it pays, so 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 | 2024/12/23 08:34 |
| End of Day Share Price | 2024/12/23 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 |
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| 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
Channel Well Technology Co.,Ltd. is covered by 4 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 |
|---|---|
| Zhizhong Chen | Capital Securities Corporation |
| null null | Capital Securities Corporation |
| Wen-wen Wang | Jih Sun Securities Investment Consulting Co., Ltd. |