Avertronics Balance Sheet Health
Financial Health criteria checks 5/6
Avertronics has a total shareholder equity of NT$580.6M and total debt of NT$286.4M, which brings its debt-to-equity ratio to 49.3%. Its total assets and total liabilities are NT$1.1B and NT$471.0M respectively. Avertronics's EBIT is NT$17.1M making its interest coverage ratio -5.1. It has cash and short-term investments of NT$336.5M.
Key information
49.3%
Debt to equity ratio
NT$286.41m
Debt
| Interest coverage ratio | -5.1x |
| Cash | NT$336.51m |
| Equity | NT$580.56m |
| Total liabilities | NT$471.00m |
| Total assets | NT$1.05b |
Recent financial health updates
Does Avertronics (GTSM:3597) Have A Healthy Balance Sheet?
Apr 22
Does Avertronics (GTSM:3597) Have A Healthy Balance Sheet?
Jan 12
Recent updates
Does Avertronics (GTSM:3597) Have A Healthy Balance Sheet?
Apr 22Would Avertronics Inc. (GTSM:3597) Be Valuable To Income Investors?
Mar 11We Like These Underlying Trends At Avertronics (GTSM:3597)
Feb 18Are Avertronics's (GTSM:3597) Statutory Earnings A Good Guide To Its Underlying Profitability?
Jan 31Does Avertronics (GTSM:3597) Have A Healthy Balance Sheet?
Jan 12Are Avertronics Inc.'s (GTSM:3597) Mixed Financials The Reason For Its Gloomy Performance on The Stock Market?
Dec 25Should You Buy Avertronics Inc. (GTSM:3597) For Its Dividend?
Dec 07Financial Position Analysis
Short Term Liabilities: 3597's short term assets (NT$705.0M) exceed its short term liabilities (NT$298.6M).
Long Term Liabilities: 3597's short term assets (NT$705.0M) exceed its long term liabilities (NT$172.4M).
Debt to Equity History and Analysis
Debt Level: 3597 has more cash than its total debt.
Reducing Debt: 3597's debt to equity ratio has reduced from 127.1% to 49.3% over the past 5 years.
Debt Coverage: 3597's debt is not well covered by operating cash flow (2.5%).
Interest Coverage: 3597 earns more interest than it pays, so coverage of interest payments is not a concern.