Simplo Technology Balance Sheet Health
Financial Health criteria checks 6/6
Simplo Technology has a total shareholder equity of NT$40.0B and total debt of NT$1.9B, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are NT$76.5B and NT$36.5B respectively. Simplo Technology's EBIT is NT$6.9B making its interest coverage ratio -6.4. It has cash and short-term investments of NT$30.8B.
Key information
4.7%
Debt to equity ratio
NT$1.89b
Debt
| Interest coverage ratio | -6.4x |
| Cash | NT$30.81b |
| Equity | NT$39.99b |
| Total liabilities | NT$36.48b |
| Total assets | NT$76.47b |
Recent financial health updates
Recent updates
Estimating The Intrinsic Value Of Simplo Technology Co., Ltd. (GTSM:6121)
Apr 18
Capital Investments At Simplo Technology (GTSM:6121) Point To A Promising Future
Mar 22Simplo Technology Co., Ltd. (GTSM:6121) Is Yielding 4.1% - But Is It A Buy?
Mar 09Does Simplo Technology (GTSM:6121) Have A Healthy Balance Sheet?
Feb 23Are Strong Financial Prospects The Force That Is Driving The Momentum In Simplo Technology Co., Ltd.'s GTSM:6121) Stock?
Feb 08What Kind Of Investors Own Most Of Simplo Technology Co., Ltd. (GTSM:6121)?
Jan 26Simplo Technology Co., Ltd. (GTSM:6121) Shares Could Be 29% Below Their Intrinsic Value Estimate
Jan 13
Simplo Technology (GTSM:6121) Has Gifted Shareholders With A Fantastic 193% Total Return On Their Investment
Dec 29Are Investors Overlooking Returns On Capital At Simplo Technology (GTSM:6121)?
Dec 14Financial Position Analysis
Short Term Liabilities: 6121's short term assets (NT$61.6B) exceed its short term liabilities (NT$33.1B).
Long Term Liabilities: 6121's short term assets (NT$61.6B) exceed its long term liabilities (NT$3.4B).
Debt to Equity History and Analysis
Debt Level: 6121 has more cash than its total debt.
Reducing Debt: 6121's debt to equity ratio has reduced from 11.1% to 4.7% over the past 5 years.
Debt Coverage: 6121's debt is well covered by operating cash flow (505.4%).
Interest Coverage: 6121 earns more interest than it pays, so coverage of interest payments is not a concern.