Viking Tech Balance Sheet Health
Financial Health criteria checks 6/6
Viking Tech has a total shareholder equity of NT$3.4B and total debt of NT$35.2M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are NT$4.0B and NT$591.6M respectively. Viking Tech's EBIT is NT$262.6M making its interest coverage ratio -42. It has cash and short-term investments of NT$1.2B.
Key information
1.0%
Debt to equity ratio
NT$35.24m
Debt
| Interest coverage ratio | -42x |
| Cash | NT$1.19b |
| Equity | NT$3.36b |
| Total liabilities | NT$591.57m |
| Total assets | NT$3.96b |
Recent financial health updates
Recent updates
Here's What You Should Know About Viking Tech Corporation's (GTSM:3624) 2.7% Dividend Yield
Mar 19
Here’s What’s Happening With Returns At Viking Tech (GTSM:3624)
Mar 01Viking Tech (GTSM:3624) Seems To Use Debt Quite Sensibly
Feb 11Did You Participate In Any Of Viking Tech's (GTSM:3624) Respectable 44% Return?
Jan 24
Viking Tech Corporation's (GTSM:3624) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Jan 05Is Viking Tech Corporation (GTSM:3624) A Good Dividend Stock?
Dec 18Should We Be Excited About The Trends Of Returns At Viking Tech (GTSM:3624)?
Nov 30Financial Position Analysis
Short Term Liabilities: 3624's short term assets (NT$2.6B) exceed its short term liabilities (NT$535.6M).
Long Term Liabilities: 3624's short term assets (NT$2.6B) exceed its long term liabilities (NT$56.0M).
Debt to Equity History and Analysis
Debt Level: 3624 has more cash than its total debt.
Reducing Debt: 3624's debt to equity ratio has reduced from 7.9% to 1% over the past 5 years.
Debt Coverage: 3624's debt is well covered by operating cash flow (1793.9%).
Interest Coverage: 3624 earns more interest than it pays, so coverage of interest payments is not a concern.