ANT Precision Industry Balance Sheet Health
Financial Health criteria checks 5/6
ANT Precision Industry has a total shareholder equity of NT$537.0M and total debt of NT$85.0M, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are NT$889.2M and NT$352.2M respectively. ANT Precision Industry's EBIT is NT$49.2M making its interest coverage ratio 17.9. It has cash and short-term investments of NT$230.5M.
Key information
15.8%
Debt to equity ratio
NT$85.00m
Debt
| Interest coverage ratio | 17.9x |
| Cash | NT$230.54m |
| Equity | NT$536.99m |
| Total liabilities | NT$352.23m |
| Total assets | NT$889.22m |
Recent financial health updates
Is ANT Precision Industry (GTSM:3646) Using Too Much Debt?
Mar 11
Is ANT Precision Industry (GTSM:3646) A Risky Investment?
Dec 08Recent updates
ANT Precision Industry (GTSM:3646) Shareholders Will Want The ROCE Trajectory To Continue
Apr 07Is ANT Precision Industry (GTSM:3646) Using Too Much Debt?
Mar 11Is ANT Precision Industry Co., Ltd. (GTSM:3646) An Attractive Dividend Stock?
Feb 18Is ANT Precision Industry Co., Ltd.'s (GTSM:3646) Latest Stock Performance Being Led By Its Strong Fundamentals?
Jan 28Will ANT Precision Industry's (GTSM:3646) Growth In ROCE Persist?
Jan 07Is ANT Precision Industry (GTSM:3646) A Risky Investment?
Dec 08Is ANT Precision Industry Co., Ltd. (GTSM:3646) A Good Fit For Your Dividend Portfolio?
Nov 17Financial Position Analysis
Short Term Liabilities: 3646's short term assets (NT$638.1M) exceed its short term liabilities (NT$319.4M).
Long Term Liabilities: 3646's short term assets (NT$638.1M) exceed its long term liabilities (NT$32.9M).
Debt to Equity History and Analysis
Debt Level: 3646 has more cash than its total debt.
Reducing Debt: 3646's debt to equity ratio has increased from 4.4% to 15.8% over the past 5 years.
Debt Coverage: 3646's debt is well covered by operating cash flow (199.1%).
Interest Coverage: 3646's interest payments on its debt are well covered by EBIT (17.9x coverage).