Sunnic Technology & Merchandise Balance Sheet Health
Financial Health criteria checks 5/6
Sunnic Technology & Merchandise has a total shareholder equity of NT$903.1M and total debt of NT$796.2M, which brings its debt-to-equity ratio to 88.2%. Its total assets and total liabilities are NT$2.9B and NT$2.0B respectively.
Key information
88.2%
Debt to equity ratio
NT$796.19m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$450.44m |
| Equity | NT$903.10m |
| Total liabilities | NT$1.97b |
| Total assets | NT$2.87b |
Recent financial health updates
Recent updates
The Return Trends At Sunnic Technology & Merchandise (GTSM:3360) Look Promising
Apr 04
Should You Be Worried About Sunnic Technology & Merchandise Inc's (GTSM:3360) 7.2% Return On Equity?
Mar 08Sunnic Technology & Merchandise (GTSM:3360) Seems To Be Using A Lot Of Debt
Jan 10Sunnic Technology & Merchandise Inc (GTSM:3360) Delivered A Weaker ROE Than Its Industry
Dec 07
Financial Position Analysis
Short Term Liabilities: 3360's short term assets (NT$2.5B) exceed its short term liabilities (NT$1.8B).
Long Term Liabilities: 3360's short term assets (NT$2.5B) exceed its long term liabilities (NT$171.7M).
Debt to Equity History and Analysis
Debt Level: 3360's net debt to equity ratio (38.3%) is considered satisfactory.
Reducing Debt: 3360's debt to equity ratio has reduced from 239.3% to 88.2% over the past 5 years.
Debt Coverage: 3360's debt is well covered by operating cash flow (63.1%).
Interest Coverage: Insufficient data to determine if 3360's interest payments on its debt are well covered by EBIT.