Macnica Galaxy Balance Sheet Health
Financial Health criteria checks 5/6
Macnica Galaxy has a total shareholder equity of NT$2.4B and total debt of NT$2.1B, which brings its debt-to-equity ratio to 86.3%. Its total assets and total liabilities are NT$6.8B and NT$4.4B respectively. Macnica Galaxy's EBIT is NT$601.4M making its interest coverage ratio 3.6. It has cash and short-term investments of NT$320.9M.
Key information
86.3%
Debt to equity ratio
NT$2.06b
Debt
| Interest coverage ratio | 3.6x |
| Cash | NT$320.88m |
| Equity | NT$2.39b |
| Total liabilities | NT$4.41b |
| Total assets | NT$6.80b |
Recent financial health updates
Macnica Galaxy (GTSM:6227) Has A Pretty Healthy Balance Sheet
Mar 31
Macnica Galaxy (GTSM:6227) Has A Somewhat Strained Balance Sheet
Dec 17
Recent updates
Are Dividend Investors Getting More Than They Bargained For With Macnica Galaxy Inc.'s (GTSM:6227) Dividend?
Apr 19Macnica Galaxy (GTSM:6227) Has A Pretty Healthy Balance Sheet
Mar 31Macnica Galaxy Inc.'s (GTSM:6227) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Mar 09The Trends At Macnica Galaxy (GTSM:6227) That You Should Know About
Feb 16Shareholders Of Macnica Galaxy (GTSM:6227) Must Be Happy With Their 91% Return
Jan 26Should You Buy Macnica Galaxy Inc. (GTSM:6227) For Its Dividend?
Jan 05Macnica Galaxy (GTSM:6227) Has A Somewhat Strained Balance Sheet
Dec 17Should Weakness in Macnica Galaxy Inc.'s (GTSM:6227) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Nov 29Financial Position Analysis
Short Term Liabilities: 6227's short term assets (NT$6.6B) exceed its short term liabilities (NT$4.3B).
Long Term Liabilities: 6227's short term assets (NT$6.6B) exceed its long term liabilities (NT$112.6M).
Debt to Equity History and Analysis
Debt Level: 6227's net debt to equity ratio (72.8%) is considered high.
Reducing Debt: 6227's debt to equity ratio has reduced from 127% to 86.3% over the past 5 years.
Debt Coverage: 6227's debt is well covered by operating cash flow (105.2%).
Interest Coverage: 6227's interest payments on its debt are well covered by EBIT (3.6x coverage).