Advanced Connection Technology Balance Sheet Health
Financial Health criteria checks 5/6
Advanced Connection Technology has a total shareholder equity of NT$566.6M and total debt of NT$15.0M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are NT$937.2M and NT$370.5M respectively. Advanced Connection Technology's EBIT is NT$5.9M making its interest coverage ratio -1.2. It has cash and short-term investments of NT$260.0M.
Key information
2.6%
Debt to equity ratio
NT$15.00m
Debt
Interest coverage ratio | -1.2x |
Cash | NT$260.01m |
Equity | NT$566.64m |
Total liabilities | NT$370.54m |
Total assets | NT$937.18m |
Recent financial health updates
No updates
Recent updates
Is Advanced Connection Technology Inc. (GTSM:3492) A Good Dividend Stock?
Apr 10Be Wary Of Advanced Connection Technology (GTSM:3492) And Its Returns On Capital
Mar 15Advanced Connection Technology Inc.'s (GTSM:3492) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?
Feb 15Should You Buy Advanced Connection Technology Inc. (GTSM:3492) For Its 4.8% Dividend?
Jan 07The Returns On Capital At Advanced Connection Technology (GTSM:3492) Don't Inspire Confidence
Dec 12Financial Position Analysis
Short Term Liabilities: 3492's short term assets (NT$628.1M) exceed its short term liabilities (NT$301.7M).
Long Term Liabilities: 3492's short term assets (NT$628.1M) exceed its long term liabilities (NT$68.9M).
Debt to Equity History and Analysis
Debt Level: 3492 has more cash than its total debt.
Reducing Debt: 3492's debt to equity ratio has increased from 1% to 2.6% over the past 5 years.
Debt Coverage: 3492's debt is well covered by operating cash flow (23.7%).
Interest Coverage: 3492 earns more interest than it pays, so coverage of interest payments is not a concern.