Thermaltake Technology Balance Sheet Health
Financial Health criteria checks 3/6
Thermaltake Technology has a total shareholder equity of NT$1.8B and total debt of NT$1.6B, which brings its debt-to-equity ratio to 85.1%. Its total assets and total liabilities are NT$4.6B and NT$2.8B respectively. Thermaltake Technology's EBIT is NT$100.5M making its interest coverage ratio -10.7. It has cash and short-term investments of NT$716.5M.
Key information
85.1%
Debt to equity ratio
NT$1.55b
Debt
| Interest coverage ratio | -10.7x |
| Cash | NT$716.48m |
| Equity | NT$1.82b |
| Total liabilities | NT$2.81b |
| Total assets | NT$4.63b |
Recent financial health updates
Thermaltake Technology (GTSM:3540) Seems To Use Debt Rather Sparingly
Apr 28
Is Thermaltake Technology (GTSM:3540) Using Too Much Debt?
Jan 10
Recent updates
Thermaltake Technology (GTSM:3540) Seems To Use Debt Rather Sparingly
Apr 28Shareholders Are Loving Thermaltake Technology Co., Ltd.'s (GTSM:3540) 4.3% Yield
Apr 13Should You Invest In Thermaltake Technology (GTSM:3540)?
Mar 11Are Robust Financials Driving The Recent Rally In Thermaltake Technology Co., Ltd.'s (GTSM:3540) Stock?
Feb 21At NT$64.80, Is It Time To Put Thermaltake Technology Co., Ltd. (GTSM:3540) On Your Watch List?
Feb 07Should You Rely On Thermaltake Technology's (GTSM:3540) Earnings Growth?
Jan 24Is Thermaltake Technology (GTSM:3540) Using Too Much Debt?
Jan 10Shareholders of Thermaltake Technology (GTSM:3540) Must Be Delighted With Their 501% Total Return
Dec 27Does Thermaltake Technology Co., Ltd. (GTSM:3540) Have A Place In Your Dividend Portfolio?
Dec 14Will Thermaltake Technology (GTSM:3540) Repeat Its Return Growth Of The Past?
Dec 01Financial Position Analysis
Short Term Liabilities: 3540's short term assets (NT$3.9B) exceed its short term liabilities (NT$2.5B).
Long Term Liabilities: 3540's short term assets (NT$3.9B) exceed its long term liabilities (NT$278.1M).
Debt to Equity History and Analysis
Debt Level: 3540's net debt to equity ratio (45.9%) is considered high.
Reducing Debt: 3540's debt to equity ratio has increased from 44.7% to 85.1% over the past 5 years.
Debt Coverage: 3540's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3540 earns more interest than it pays, so coverage of interest payments is not a concern.