Speed Tech Balance Sheet Health
Financial Health criteria checks 6/6
Speed Tech has a total shareholder equity of NT$11.1B and total debt of NT$5.0B, which brings its debt-to-equity ratio to 44.9%. Its total assets and total liabilities are NT$28.3B and NT$17.2B respectively. Speed Tech's EBIT is NT$1.2B making its interest coverage ratio -48.2. It has cash and short-term investments of NT$4.8B.
Key information
44.9%
Debt to equity ratio
NT$4.98b
Debt
| Interest coverage ratio | -48.2x |
| Cash | NT$4.78b |
| Equity | NT$11.11b |
| Total liabilities | NT$17.19b |
| Total assets | NT$28.30b |
Recent financial health updates
These 4 Measures Indicate That Speed Tech (GTSM:5457) Is Using Debt Reasonably Well
Mar 09
Is Speed Tech (GTSM:5457) Using Too Much Debt?
Nov 23
Recent updates
Read This Before Buying Speed Tech Corp. (GTSM:5457) For Its Dividend
Apr 29Calculating The Fair Value Of Speed Tech Corp. (GTSM:5457)
Apr 16What Does Speed Tech Corp.'s (GTSM:5457) Share Price Indicate?
Apr 05These 4 Measures Indicate That Speed Tech (GTSM:5457) Is Using Debt Reasonably Well
Mar 09What Type Of Shareholders Own The Most Number of Speed Tech Corp. (GTSM:5457) Shares?
Feb 23Speed Tech Corp.'s (GTSM:5457) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
Feb 04Is Speed Tech (GTSM:5457) The Next Multi-Bagger?
Jan 17Is Speed Tech Corp. (GTSM:5457) Potentially Undervalued?
Dec 29Is Speed Tech (GTSM:5457) Using Too Much Debt?
Nov 23Financial Position Analysis
Short Term Liabilities: 5457's short term assets (NT$17.3B) exceed its short term liabilities (NT$13.3B).
Long Term Liabilities: 5457's short term assets (NT$17.3B) exceed its long term liabilities (NT$3.9B).
Debt to Equity History and Analysis
Debt Level: 5457's net debt to equity ratio (1.8%) is considered satisfactory.
Reducing Debt: 5457's debt to equity ratio has reduced from 46.9% to 44.9% over the past 5 years.
Debt Coverage: 5457's debt is well covered by operating cash flow (91.2%).
Interest Coverage: 5457 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 07:09 |
| 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
Speed Tech Corp. is covered by 3 analysts. 2 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 |
|---|---|
| Wei Lun Yang | J.P. Morgan |
| Liren Liang | Masterlink Securities Corp. |
| Junjia Su | SinoPac Securities Investment Service |