First Hi-tec Enterprise Balance Sheet Health
Financial Health criteria checks 5/6
First Hi-tec Enterprise has a total shareholder equity of NT$2.5B and total debt of NT$354.7M, which brings its debt-to-equity ratio to 14.2%. Its total assets and total liabilities are NT$4.3B and NT$1.8B respectively. First Hi-tec Enterprise's EBIT is NT$594.3M making its interest coverage ratio -278.8. It has cash and short-term investments of NT$532.3M.
Key information
14.2%
Debt to equity ratio
NT$354.71m
Debt
| Interest coverage ratio | -278.8x |
| Cash | NT$532.32m |
| Equity | NT$2.51b |
| Total liabilities | NT$1.81b |
| Total assets | NT$4.31b |
Recent financial health updates
We Think First Hi-tec Enterprise (GTSM:5439) Can Manage Its Debt With Ease
Feb 23
Is First Hi-tec Enterprise (GTSM:5439) A Risky Investment?
Nov 19
Recent updates
We Think First Hi-tec Enterprise (GTSM:5439) Might Have The DNA Of A Multi-Bagger
Apr 16Is First Hi-tec Enterprise Co., Ltd.'s (GTSM:5439) Latest Stock Performance A Reflection Of Its Financial Health?
Mar 12We Think First Hi-tec Enterprise (GTSM:5439) Can Manage Its Debt With Ease
Feb 23First Hi-tec Enterprise Co., Ltd. (GTSM:5439) Is Yielding 4.2% - But Is It A Buy?
Feb 01Shareholders Of First Hi-tec Enterprise (GTSM:5439) Must Be Happy With Their 257% Total Return
Dec 25Is First Hi-tec Enterprise Co., Ltd.'s (GTSM:5439) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Dec 08Is First Hi-tec Enterprise (GTSM:5439) A Risky Investment?
Nov 19Financial Position Analysis
Short Term Liabilities: 5439's short term assets (NT$2.8B) exceed its short term liabilities (NT$1.6B).
Long Term Liabilities: 5439's short term assets (NT$2.8B) exceed its long term liabilities (NT$214.9M).
Debt to Equity History and Analysis
Debt Level: 5439 has more cash than its total debt.
Reducing Debt: 5439's debt to equity ratio has increased from 1.6% to 14.2% over the past 5 years.
Debt Coverage: 5439's debt is well covered by operating cash flow (121.6%).
Interest Coverage: 5439 earns more interest than it pays, so coverage of interest payments is not a concern.