Speed Tech Balance Sheet Health

Financial Health criteria checks 5/6

Speed Tech has a total shareholder equity of NT$9.7B and total debt of NT$6.1B, which brings its debt-to-equity ratio to 63.3%. Its total assets and total liabilities are NT$24.1B and NT$14.4B respectively. Speed Tech's EBIT is NT$1.0B making its interest coverage ratio 61.5. It has cash and short-term investments of NT$3.9B.

Key information

63.3%

Debt to equity ratio

NT$6.15b

Debt

Interest coverage ratio	61.5x
Cash	NT$3.91b
Equity	NT$9.71b
Total liabilities	NT$14.36b
Total assets	NT$24.07b

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

These 4 Measures Indicate That Speed Tech (GTSM:5457) Is Using Debt Reasonably Well

Mar 09

What Type Of Shareholders Own The Most Number of Speed Tech Corp. (GTSM:5457) Shares?

Feb 23

Speed Tech Corp.'s (GTSM:5457) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?

Feb 04

Is Speed Tech (GTSM:5457) The Next Multi-Bagger?

Jan 17

Is Speed Tech Corp. (GTSM:5457) Potentially Undervalued?

Dec 29

Is Speed Tech (GTSM:5457) Using Too Much Debt?

Nov 23

Financial Position Analysis

Short Term Liabilities: 5457's short term assets (NT$15.2B) exceed its short term liabilities (NT$12.4B).

Long Term Liabilities: 5457's short term assets (NT$15.2B) exceed its long term liabilities (NT$1.9B).

Debt to Equity History and Analysis

Debt Level: 5457's net debt to equity ratio (23.1%) is considered satisfactory.

Reducing Debt: 5457's debt to equity ratio has increased from 41.5% to 63.3% over the past 5 years.

Debt Coverage: 5457's debt is well covered by operating cash flow (71.9%).

Interest Coverage: 5457's interest payments on its debt are well covered by EBIT (61.5x coverage).

Speed Tech Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

These 4 Measures Indicate That Speed Tech (GTSM:5457) Is Using Debt Reasonably Well

Is Speed Tech (GTSM:5457) Using Too Much Debt?

Recent updates

Consensus revenue estimates fall by 13%

Full year 2023 earnings: EPS and revenues miss analyst expectations

Speed Tech Corp., Annual General Meeting, Jun 20, 2024

Investor sentiment improves as stock rises 18%

Speed Tech Corp. Announces the Appointment of Lian,Xiang-Yi as Independent Director

Third quarter 2023 earnings released: EPS: NT$1.30 (vs NT$2.03 in 3Q 2022)

Consensus EPS estimates fall by 48%

Second quarter 2023 earnings released: EPS: NT$0.008 (vs NT$1.19 in 2Q 2022)

Upcoming dividend of NT$1.84 per share at 3.3% yield

Investor sentiment improves as stock rises 17%

Speed Tech Corp. Announces Cash Dividend, Payable on August 18, 2023

Consensus revenue estimates fall by 16%

Speed Tech Corp. Appoints Hung-Sheng, Lin as Corporate Governance Officer

Now 21% undervalued

Now 21% undervalued

Now 23% undervalued

Industrial and Commercial Bank of China Limited agreed to acquire an unknown minority stake in Dongguan Leader Precision Industry Co., Ltd. from Speed Tech Corp. for CNY 20 million.

Third quarter 2022 earnings released: EPS: NT$2.03 (vs NT$1.80 in 3Q 2021)

Price target decreased to NT$100.00

Speed Tech Corp. Announces Resignation of Chao-Jen Huang as Institutional Director

Now 22% undervalued after recent price drop

Investor sentiment improved over the past week

Now 22% undervalued

Investor sentiment improved over the past week

Now 22% undervalued after recent price drop

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

High number of new directors

Upcoming dividend of NT$2.50 per share

Speed Tech Corp. Announces Cash Dividend, Payable on August 30, 2022

Speed Tech Corp. Announces Establishment of the Audit Committee of the Company

An unknown buyer has announced to acquire Dongguan Leader Precision Industry Co., Ltd from Speed Tech Corp. (TPEX:5457) for CNY 25.243 million.

Investor sentiment improved over the past week

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased to NT$100.00

Less than half of directors are independent

Full year 2021 earnings: EPS and revenues miss analyst expectations

Consensus forecasts updated

Now 20% undervalued after recent price drop

Third quarter 2021 earnings released: EPS NT$1.80 (vs NT$1.11 in 3Q 2020)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Consensus forecasts updated

Upcoming dividend of NT$2.10 per share

Second quarter 2021 earnings released: EPS NT$1.02 (vs NT$0.94 in 2Q 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Supervisor has left the company

First quarter 2021 earnings released: EPS NT$0.94 (vs NT$0.85 in 1Q 2020)

Investor sentiment deteriorated over the past week

Read This Before Buying Speed Tech Corp. (GTSM:5457) For Its Dividend

Calculating The Fair Value Of Speed Tech Corp. (GTSM:5457)

What Does Speed Tech Corp.'s (GTSM:5457) Share Price Indicate?

Full year 2020 earnings released: EPS NT$4.19 (vs NT$2.19 in FY 2019)

These 4 Measures Indicate That Speed Tech (GTSM:5457) Is Using Debt Reasonably Well

What Type Of Shareholders Own The Most Number of Speed Tech Corp. (GTSM:5457) Shares?

Speed Tech Corp.'s (GTSM:5457) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?

Investor sentiment deteriorated over the past week

New 90-day low: NT$87.00

Is Speed Tech (GTSM:5457) The Next Multi-Bagger?

Is Speed Tech Corp. (GTSM:5457) Potentially Undervalued?

Is Speed Tech (GTSM:5457) Using Too Much Debt?

Third quarter 2020 earnings released: EPS NT$1.11

Market bids up stock over the past week

New 90-day low: NT$91.40

New 90-day high - NT$133

First half earnings released

First half earnings released

New 90-day high - NT$90.10

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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