Asia Electronic Material Balance Sheet Health
Financial Health criteria checks 4/6
Asia Electronic Material has a total shareholder equity of NT$1.6B and total debt of NT$674.9M, which brings its debt-to-equity ratio to 43.5%. Its total assets and total liabilities are NT$2.9B and NT$1.3B respectively. Asia Electronic Material's EBIT is NT$74.3M making its interest coverage ratio 2.8. It has cash and short-term investments of NT$480.8M.
Key information
43.5%
Debt to equity ratio
NT$674.93m
Debt
| Interest coverage ratio | 2.8x |
| Cash | NT$480.84m |
| Equity | NT$1.55b |
| Total liabilities | NT$1.31b |
| Total assets | NT$2.86b |
Recent financial health updates
Recent updates
Asia Electronic Material Co., Ltd.'s (GTSM:4939) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Mar 16
Is Asia Electronic Material (GTSM:4939) A Future Multi-bagger?
Feb 16We Think Asia Electronic Material (GTSM:4939) Can Stay On Top Of Its Debt
Feb 01
Three Things You Should Check Before Buying Asia Electronic Material Co., Ltd. (GTSM:4939) For Its Dividend
Jan 15Announcing: Asia Electronic Material (GTSM:4939) Stock Increased An Energizing 186% In The Last Five Years
Dec 31Is Asia Electronic Material Co., Ltd.'s (GTSM:4939) Recent Stock Performance Influenced By Its Financials In Any Way?
Dec 16Estimating The Fair Value Of Asia Electronic Material Co., Ltd. (GTSM:4939)
Dec 01Financial Position Analysis
Short Term Liabilities: 4939's short term assets (NT$1.7B) exceed its short term liabilities (NT$1.0B).
Long Term Liabilities: 4939's short term assets (NT$1.7B) exceed its long term liabilities (NT$281.7M).
Debt to Equity History and Analysis
Debt Level: 4939's net debt to equity ratio (12.5%) is considered satisfactory.
Reducing Debt: 4939's debt to equity ratio has reduced from 48.2% to 43.5% over the past 5 years.
Debt Coverage: 4939's debt is not well covered by operating cash flow (15%).
Interest Coverage: 4939's interest payments on its debt are not well covered by EBIT (2.8x coverage).