Niching Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Niching Industrial has a total shareholder equity of NT$1.0B and total debt of NT$10.0M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are NT$1.4B and NT$375.1M respectively. Niching Industrial's EBIT is NT$86.5M making its interest coverage ratio -10.7. It has cash and short-term investments of NT$299.7M.
Key information
1.0%
Debt to equity ratio
NT$10.00m
Debt
| Interest coverage ratio | -10.7x |
| Cash | NT$299.67m |
| Equity | NT$1.05b |
| Total liabilities | NT$375.10m |
| Total assets | NT$1.42b |
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$876.5M) exceed its short term liabilities (NT$347.2M).
Long Term Liabilities: 3444's short term assets (NT$876.5M) exceed its long term liabilities (NT$27.9M).
Debt to Equity History and Analysis
Debt Level: 3444 has more cash than its total debt.
Reducing Debt: 3444's debt to equity ratio has reduced from 13.8% to 1% over the past 5 years.
Debt Coverage: 3444's debt is well covered by operating cash flow (707.8%).
Interest Coverage: 3444 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 17:32 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Niching Industrial Corporation is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Capital Securities Corporation |
| Tianhong Yu | IBTS Investment Consulting Co., Ltd. |