First Hi-tec Enterprise Balance Sheet Health
Financial Health criteria checks 5/6
First Hi-tec Enterprise has a total shareholder equity of NT$2.4B and total debt of NT$690.5M, which brings its debt-to-equity ratio to 29.3%. Its total assets and total liabilities are NT$4.6B and NT$2.2B respectively. First Hi-tec Enterprise's EBIT is NT$413.1M making its interest coverage ratio -139.7. It has cash and short-term investments of NT$435.3M.
Key information
29.3%
Debt to equity ratio
NT$690.52m
Debt
| Interest coverage ratio | -139.7x |
| Cash | NT$435.35m |
| Equity | NT$2.36b |
| Total liabilities | NT$2.20b |
| Total assets | NT$4.56b |
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$1.8B).
Long Term Liabilities: 5439's short term assets (NT$2.8B) exceed its long term liabilities (NT$356.4M).
Debt to Equity History and Analysis
Debt Level: 5439's net debt to equity ratio (10.8%) is considered satisfactory.
Reducing Debt: 5439's debt to equity ratio has increased from 3.1% to 29.3% over the past 5 years.
Debt Coverage: 5439's debt is well covered by operating cash flow (98.7%).
Interest Coverage: 5439 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 07:20 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
First Hi-tec Enterprise Co., Ltd. is covered by 5 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kevin Sun | IBTS Investment Consulting Co., Ltd. |
| Zhisheng Tsai | Jih Sun Securities Investment Consulting Co., Ltd. |
| Junzhe Hung | Masterlink Securities Corp. |