P-Two Industries Balance Sheet Health
Financial Health criteria checks 6/6
P-Two Industries has a total shareholder equity of NT$1.2B and total debt of NT$653.5M, which brings its debt-to-equity ratio to 54.6%. Its total assets and total liabilities are NT$2.5B and NT$1.3B respectively. P-Two Industries's EBIT is NT$62.1M making its interest coverage ratio -5.8. It has cash and short-term investments of NT$517.6M.
Key information
54.6%
Debt to equity ratio
NT$653.50m
Debt
| Interest coverage ratio | -5.8x |
| Cash | NT$517.61m |
| Equity | NT$1.20b |
| Total liabilities | NT$1.28b |
| Total assets | NT$2.47b |
Recent financial health updates
Here's Why P-Two Industries (GTSM:6158) Has A Meaningful Debt Burden
Mar 31
Does P-Two Industries (GTSM:6158) Have A Healthy Balance Sheet?
Dec 15Recent updates
Is P-Two Industries Inc. (GTSM:6158) A Great Dividend Stock?
Apr 19Here's Why P-Two Industries (GTSM:6158) Has A Meaningful Debt Burden
Mar 31Here’s What’s Happening With Returns At P-Two Industries (GTSM:6158)
Mar 10P-Two Industries (GTSM:6158) Has Compensated Shareholders With A 20% Return On Their Investment
Feb 16P-Two Industries Inc. (GTSM:6158) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
Jan 26Lacklustre Performance Is Driving P-Two Industries Inc.'s (GTSM:6158) Low P/E
Jan 05Does P-Two Industries (GTSM:6158) Have A Healthy Balance Sheet?
Dec 15We Like These Underlying Trends At P-Two Industries (GTSM:6158)
Nov 24Financial Position Analysis
Short Term Liabilities: 6158's short term assets (NT$1.6B) exceed its short term liabilities (NT$1.2B).
Long Term Liabilities: 6158's short term assets (NT$1.6B) exceed its long term liabilities (NT$121.4M).
Debt to Equity History and Analysis
Debt Level: 6158's net debt to equity ratio (11.4%) is considered satisfactory.
Reducing Debt: 6158's debt to equity ratio has reduced from 85.1% to 54.6% over the past 5 years.
Debt Coverage: 6158's debt is well covered by operating cash flow (51.2%).
Interest Coverage: 6158 earns more interest than it pays, so coverage of interest payments is not a concern.