Higgstec Balance Sheet Health
Financial Health criteria checks 3/6
Higgstec has a total shareholder equity of NT$788.6M and total debt of NT$343.7M, which brings its debt-to-equity ratio to 43.6%. Its total assets and total liabilities are NT$1.3B and NT$539.5M respectively. Higgstec's EBIT is NT$311.0K making its interest coverage ratio 0.4. It has cash and short-term investments of NT$415.7M.
Key information
43.6%
Debt to equity ratio
NT$343.72m
Debt
| Interest coverage ratio | 0.4x |
| Cash | NT$415.71m |
| Equity | NT$788.57m |
| Total liabilities | NT$539.51m |
| Total assets | NT$1.33b |
Recent financial health updates
Here's Why Higgstec (GTSM:5220) Can Manage Its Debt Responsibly
Mar 29
Does Higgstec (GTSM:5220) Have A Healthy Balance Sheet?
Dec 25
Recent updates
Here's Why Higgstec (GTSM:5220) Can Manage Its Debt Responsibly
Mar 29Why You Should Care About Higgstec's (GTSM:5220) Strong Returns On Capital
Mar 10Shareholders Of Higgstec (GTSM:5220) Must Be Happy With Their 174% Total Return
Feb 10Are Higgstec Inc.'s (GTSM:5220) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
Jan 26Is Higgstec Inc. (GTSM:5220) An Attractive Dividend Stock?
Jan 11Does Higgstec (GTSM:5220) Have A Healthy Balance Sheet?
Dec 25Higgstec (GTSM:5220) Knows How to Allocate Capital
Dec 10Higgstec (GTSM:5220) Is Growing Earnings But Are They A Good Guide?
Nov 25Financial Position Analysis
Short Term Liabilities: 5220's short term assets (NT$651.9M) exceed its short term liabilities (NT$305.2M).
Long Term Liabilities: 5220's short term assets (NT$651.9M) exceed its long term liabilities (NT$234.4M).
Debt to Equity History and Analysis
Debt Level: 5220 has more cash than its total debt.
Reducing Debt: 5220's debt to equity ratio has increased from 0% to 43.6% over the past 5 years.
Debt Coverage: 5220's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: 5220's interest payments on its debt are not well covered by EBIT (0.4x coverage).