High-Tek Harness Enterprise Balance Sheet Health
Financial Health criteria checks 5/6
High-Tek Harness Enterprise has a total shareholder equity of NT$2.7B and total debt of NT$1.0B, which brings its debt-to-equity ratio to 37.2%. Its total assets and total liabilities are NT$5.9B and NT$3.3B respectively. High-Tek Harness Enterprise's EBIT is NT$124.6M making its interest coverage ratio 11. It has cash and short-term investments of NT$669.1M.
Key information
37.2%
Debt to equity ratio
NT$1.00b
Debt
| Interest coverage ratio | 11x |
| Cash | NT$669.13m |
| Equity | NT$2.69b |
| Total liabilities | NT$3.25b |
| Total assets | NT$5.94b |
Recent financial health updates
Recent updates
Returns At High-Tek Harness Enterprise (GTSM:3202) Are On The Way Up
Apr 28
Is High-Tek Harness Enterprise (GTSM:3202) A Risky Investment?
Feb 17
What Do The Returns At High-Tek Harness Enterprise (GTSM:3202) Mean Going Forward?
Jan 13Is High-Tek Harness Enterprise's (GTSM:3202) 266% Share Price Increase Well Justified?
Dec 09Financial Position Analysis
Short Term Liabilities: 3202's short term assets (NT$5.0B) exceed its short term liabilities (NT$3.0B).
Long Term Liabilities: 3202's short term assets (NT$5.0B) exceed its long term liabilities (NT$203.4M).
Debt to Equity History and Analysis
Debt Level: 3202's net debt to equity ratio (12.4%) is considered satisfactory.
Reducing Debt: 3202's debt to equity ratio has increased from 28% to 37.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 3202 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 3202 has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 25% each year.