Forcecon Technology Balance Sheet Health
Financial Health criteria checks 6/6
Forcecon Technology has a total shareholder equity of NT$4.1B and total debt of NT$1.4B, which brings its debt-to-equity ratio to 34.3%. Its total assets and total liabilities are NT$8.7B and NT$4.7B respectively. Forcecon Technology's EBIT is NT$531.1M making its interest coverage ratio -40.1. It has cash and short-term investments of NT$1.8B.
Key information
34.3%
Debt to equity ratio
NT$1.40b
Debt
| Interest coverage ratio | -40.1x |
| Cash | NT$1.81b |
| Equity | NT$4.08b |
| Total liabilities | NT$4.66b |
| Total assets | NT$8.74b |
Recent financial health updates
Recent updates
Key Things To Watch Out For If You Are After Forcecon Technology Co., Ltd.'s (GTSM:3483) 1.6% Dividend
Apr 13
Is Forcecon Technology Co., Ltd. (GTSM:3483) Potentially Undervalued?
Mar 08What Can The Trends At Forcecon Technology (GTSM:3483) Tell Us About Their Returns?
Feb 18
Does Forcecon Technology (GTSM:3483) Have A Healthy Balance Sheet?
Feb 03Is Forcecon Technology Co., Ltd.'s (GTSM:3483) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Jan 19Forcecon Technology (GTSM:3483) Is Growing Earnings But Are They A Good Guide?
Jan 04Did You Participate In Any Of Forcecon Technology's (GTSM:3483) Incredible 561% Return?
Dec 20Is It Too Late To Consider Buying Forcecon Technology Co., Ltd. (GTSM:3483)?
Dec 04Financial Position Analysis
Short Term Liabilities: 3483's short term assets (NT$6.5B) exceed its short term liabilities (NT$4.1B).
Long Term Liabilities: 3483's short term assets (NT$6.5B) exceed its long term liabilities (NT$592.4M).
Debt to Equity History and Analysis
Debt Level: 3483 has more cash than its total debt.
Reducing Debt: 3483's debt to equity ratio has reduced from 43.9% to 34.3% over the past 5 years.
Debt Coverage: 3483's debt is well covered by operating cash flow (59.7%).
Interest Coverage: 3483 earns more interest than it pays, so coverage of interest payments is not a concern.