Ways Technical Corp., Ltd.

TPEX:3508 Stock Report

Market Cap: NT$2.7b

Ways Technical Balance Sheet Health

Financial Health criteria checks 4/6

Ways Technical has a total shareholder equity of NT$793.5M and total debt of NT$767.9M, which brings its debt-to-equity ratio to 96.8%. Its total assets and total liabilities are NT$2.9B and NT$2.1B respectively.

Key information

96.8%

Debt to equity ratio

NT$767.91m

Debt

Interest coverage ration/a
CashNT$629.00m
EquityNT$793.51m
Total liabilitiesNT$2.13b
Total assetsNT$2.93b

Recent financial health updates

Recent updates

Is Ways Technical (GTSM:3508) Using Debt In A Risky Way?

Apr 01
Is Ways Technical (GTSM:3508) Using Debt In A Risky Way?

Did You Miss Ways Technical's (GTSM:3508) 80% Share Price Gain?

Feb 05
Did You Miss Ways Technical's (GTSM:3508) 80% Share Price Gain?

Is Ways Technical (GTSM:3508) Using Too Much Debt?

Dec 14
Is Ways Technical (GTSM:3508) Using Too Much Debt?

Financial Position Analysis

Short Term Liabilities: 3508's short term assets (NT$1.0B) do not cover its short term liabilities (NT$1.6B).

Long Term Liabilities: 3508's short term assets (NT$1.0B) exceed its long term liabilities (NT$552.4M).


Debt to Equity History and Analysis

Debt Level: 3508's net debt to equity ratio (17.5%) is considered satisfactory.

Reducing Debt: 3508's debt to equity ratio has increased from 5.4% to 96.8% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 3508 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: 3508 has sufficient cash runway for 2.6 years if free cash flow continues to reduce at historical rates of 2.9% each year.


Discover healthy companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.