GrandTech C.G. Systems Balance Sheet Health
Financial Health criteria checks 4/6
GrandTech C.G. Systems has a total shareholder equity of NT$1.8B and total debt of NT$1.0B, which brings its debt-to-equity ratio to 55.7%. Its total assets and total liabilities are NT$3.7B and NT$1.8B respectively. GrandTech C.G. Systems's EBIT is NT$349.5M making its interest coverage ratio -7.6. It has cash and short-term investments of NT$1.7B.
Key information
55.7%
Debt to equity ratio
NT$1.02b
Debt
| Interest coverage ratio | -7.6x |
| Cash | NT$1.73b |
| Equity | NT$1.83b |
| Total liabilities | NT$1.83b |
| Total assets | NT$3.66b |
Recent financial health updates
Is GrandTech C.G. Systems (GTSM:6123) Using Too Much Debt?
Mar 12
We Think GrandTech C.G. Systems (GTSM:6123) Can Manage Its Debt With Ease
Nov 24Recent updates
Why The 24% Return On Capital At GrandTech C.G. Systems (GTSM:6123) Should Have Your Attention
Apr 18Is GrandTech C.G. Systems (GTSM:6123) Using Too Much Debt?
Mar 12What To Know Before Buying GrandTech C.G. Systems Inc. (GTSM:6123) For Its Dividend
Feb 23GrandTech C.G. Systems (GTSM:6123) Has Gifted Shareholders With A Fantastic 149% Total Return On Their Investment
Feb 04Is GrandTech C.G. Systems (GTSM:6123) The Next Multi-Bagger?
Jan 18GrandTech C.G. Systems Inc.'s (GTSM:6123) Stock Is Going Strong: Is the Market Following Fundamentals?
Dec 30
Read This Before Considering GrandTech C.G. Systems Inc. (GTSM:6123) For Its Upcoming NT$1.00 Dividend
Dec 12We Think GrandTech C.G. Systems (GTSM:6123) Can Manage Its Debt With Ease
Nov 24Financial Position Analysis
Short Term Liabilities: 6123's short term assets (NT$2.9B) exceed its short term liabilities (NT$1.8B).
Long Term Liabilities: 6123's short term assets (NT$2.9B) exceed its long term liabilities (NT$11.0M).
Debt to Equity History and Analysis
Debt Level: 6123 has more cash than its total debt.
Reducing Debt: 6123's debt to equity ratio has increased from 48.3% to 55.7% over the past 5 years.
Debt Coverage: 6123's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: 6123 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 19:13 |
| End of Day Share Price | 2024/12/23 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
GrandTech C.G. Systems Inc. is covered by 4 analysts. 1 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 |
|---|---|
| Yiho Liu | Capital Securities Corporation |
| Zhizhong Chen | Capital Securities Corporation |
| Dewei Tseng | Jih Sun Securities Investment Consulting Co., Ltd. |