Niching Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Niching Industrial has a total shareholder equity of NT$1.1B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$1.4B and NT$343.8M respectively. Niching Industrial's EBIT is NT$75.3M making its interest coverage ratio -10.4. It has cash and short-term investments of NT$398.8M.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | -10.4x |
| Cash | NT$398.80m |
| Equity | NT$1.09b |
| Total liabilities | NT$343.83m |
| Total assets | NT$1.43b |
Recent financial health updates
Niching Industrial (GTSM:3444) Seems To Use Debt Rather Sparingly
Feb 21
Niching Industrial (GTSM:3444) Could Easily Take On More Debt
Nov 19Recent updates
Could Niching Industrial Corporation (GTSM:3444) Have The Makings Of Another Dividend Aristocrat?
Apr 19Is Niching Industrial (GTSM:3444) A Future Multi-bagger?
Mar 15Niching Industrial (GTSM:3444) Seems To Use Debt Rather Sparingly
Feb 21Is Niching Industrial Corporation's (GTSM:3444) Recent Performance Tethered To Its Attractive Financial Prospects?
Feb 02
Is Niching Industrial Corporation (GTSM:3444) A Smart Choice For Dividend Investors?
Jan 15Did You Participate In Any Of Niching Industrial's (GTSM:3444) Fantastic 195% Return ?
Dec 28Here’s What’s Happening With Returns At Niching Industrial (GTSM:3444)
Dec 10Niching Industrial (GTSM:3444) Could Easily Take On More Debt
Nov 19Financial Position Analysis
Short Term Liabilities: 3444's short term assets (NT$918.2M) exceed its short term liabilities (NT$314.3M).
Long Term Liabilities: 3444's short term assets (NT$918.2M) exceed its long term liabilities (NT$29.6M).
Debt to Equity History and Analysis
Debt Level: 3444 is debt free.
Reducing Debt: 3444 has no debt compared to 5 years ago when its debt to equity ratio was 2.3%.
Debt Coverage: 3444 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 3444 has no debt, therefore coverage of interest payments is not a concern.