Channel Well TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Channel Well TechnologyLtd has a total shareholder equity of NT$6.6B and total debt of NT$1.3B, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are NT$11.0B and NT$4.4B respectively. Channel Well TechnologyLtd's EBIT is NT$1.8B making its interest coverage ratio -17.7. It has cash and short-term investments of NT$4.4B.
Key information
19.1%
Debt to equity ratio
NT$1.26b
Debt
| Interest coverage ratio | -17.7x |
| Cash | NT$4.43b |
| Equity | NT$6.59b |
| Total liabilities | NT$4.43b |
| Total assets | NT$11.02b |
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$8.8B) exceed its short term liabilities (NT$4.0B).
Long Term Liabilities: 3078's short term assets (NT$8.8B) exceed its long term liabilities (NT$471.8M).
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 increased from 18.4% to 19.1% over the past 5 years.
Debt Coverage: 3078's debt is well covered by operating cash flow (122.7%).
Interest Coverage: 3078 earns more interest than it pays, so coverage of interest payments is not a concern.