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.