GrandTech C.G. Systems Balance Sheet Health
Financial Health criteria checks 5/6
GrandTech C.G. Systems has a total shareholder equity of NT$1.8B and total debt of NT$885.0M, which brings its debt-to-equity ratio to 48.7%. Its total assets and total liabilities are NT$3.7B and NT$1.9B respectively. GrandTech C.G. Systems's EBIT is NT$359.3M making its interest coverage ratio -8.2. It has cash and short-term investments of NT$1.8B.
Key information
48.7%
Debt to equity ratio
NT$885.00m
Debt
| Interest coverage ratio | -8.2x |
| Cash | NT$1.83b |
| Equity | NT$1.82b |
| Total liabilities | NT$1.92b |
| Total assets | NT$3.73b |
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$3.0B) exceed its short term liabilities (NT$1.9B).
Long Term Liabilities: 6123's short term assets (NT$3.0B) exceed its long term liabilities (NT$11.5M).
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 37.5% to 48.7% over the past 5 years.
Debt Coverage: 6123's debt is well covered by operating cash flow (35%).
Interest Coverage: 6123 earns more interest than it pays, so coverage of interest payments is not a concern.