Joinsoon Electronics Manufacturing Balance Sheet Health
Financial Health criteria checks 4/6
Joinsoon Electronics Manufacturing has a total shareholder equity of NT$1.5B and total debt of NT$993.0M, which brings its debt-to-equity ratio to 66.2%. Its total assets and total liabilities are NT$3.2B and NT$1.7B respectively. Joinsoon Electronics Manufacturing's EBIT is NT$26.2M making its interest coverage ratio 3.6. It has cash and short-term investments of NT$469.9M.
Key information
66.2%
Debt to equity ratio
NT$993.00m
Debt
| Interest coverage ratio | 3.6x |
| Cash | NT$469.89m |
| Equity | NT$1.50b |
| Total liabilities | NT$1.70b |
| Total assets | NT$3.20b |
Recent financial health updates
Recent updates
Joinsoon Electronics Manufacturing (GTSM:3322) Shareholders Will Want The ROCE Trajectory To Continue
Apr 22
If You Had Bought Joinsoon Electronics Manufacturing (GTSM:3322) Shares A Year Ago You'd Have Earned 268% Returns
Mar 18We Think Joinsoon Electronics Manufacturing (GTSM:3322) Can Stay On Top Of Its Debt
Feb 20Do Investors Have Good Reason To Be Wary Of Joinsoon Electronics Manufacturing CO., LTD.'s (GTSM:3322) 2.0% Dividend Yield?
Jan 24What Can The Trends At Joinsoon Electronics Manufacturing (GTSM:3322) Tell Us About Their Returns?
Dec 20
Financial Position Analysis
Short Term Liabilities: 3322's short term assets (NT$1.6B) exceed its short term liabilities (NT$1.3B).
Long Term Liabilities: 3322's short term assets (NT$1.6B) exceed its long term liabilities (NT$434.5M).
Debt to Equity History and Analysis
Debt Level: 3322's net debt to equity ratio (34.9%) is considered satisfactory.
Reducing Debt: 3322's debt to equity ratio has increased from 10% to 66.2% over the past 5 years.
Debt Coverage: 3322's debt is not well covered by operating cash flow (14.7%).
Interest Coverage: 3322's interest payments on its debt are well covered by EBIT (3.6x coverage).