High-Tek Harness Enterprise Balance Sheet Health
Financial Health criteria checks 5/6
High-Tek Harness Enterprise has a total shareholder equity of NT$2.4B and total debt of NT$1.3B, which brings its debt-to-equity ratio to 54.2%. Its total assets and total liabilities are NT$5.7B and NT$3.3B respectively. High-Tek Harness Enterprise's EBIT is NT$56.8M making its interest coverage ratio 4.6. It has cash and short-term investments of NT$599.7M.
Key information
54.2%
Debt to equity ratio
NT$1.31b
Debt
| Interest coverage ratio | 4.6x |
| Cash | NT$599.67m |
| Equity | NT$2.41b |
| Total liabilities | NT$3.29b |
| Total assets | NT$5.70b |
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$4.4B) exceed its short term liabilities (NT$2.6B).
Long Term Liabilities: 3202's short term assets (NT$4.4B) exceed its long term liabilities (NT$722.8M).
Debt to Equity History and Analysis
Debt Level: 3202's net debt to equity ratio (29.3%) is considered satisfactory.
Reducing Debt: 3202's debt to equity ratio has increased from 52.4% to 54.2% 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 is forecast to have sufficient cash runway for 10 months based on free cash flow estimates, but has since raised additional capital.