Mutual-Tek Industries Balance Sheet Health
Financial Health criteria checks 6/6
Mutual-Tek Industries has a total shareholder equity of NT$1.3B and total debt of NT$317.3M, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are NT$2.6B and NT$1.3B respectively. Mutual-Tek Industries's EBIT is NT$17.4M making its interest coverage ratio 3.6. It has cash and short-term investments of NT$352.8M.
Key information
24.3%
Debt to equity ratio
NT$317.34m
Debt
| Interest coverage ratio | 3.6x |
| Cash | NT$352.83m |
| Equity | NT$1.30b |
| Total liabilities | NT$1.32b |
| Total assets | NT$2.63b |
Recent financial health updates
Recent updates
Calculating The Fair Value Of Mutual-Tek Industries Co., Ltd. (GTSM:6407)
Apr 23
What To Know Before Buying Mutual-Tek Industries Co., Ltd. (GTSM:6407) For Its Dividend
Mar 19Will The ROCE Trend At Mutual-Tek Industries (GTSM:6407) Continue?
Feb 05Are Mutual-Tek Industries's (GTSM:6407) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 18Here's Why Mutual-Tek Industries (GTSM:6407) Is Weighed Down By Its Debt Load
Nov 27Financial Position Analysis
Short Term Liabilities: 6407's short term assets (NT$1.8B) exceed its short term liabilities (NT$1.2B).
Long Term Liabilities: 6407's short term assets (NT$1.8B) exceed its long term liabilities (NT$154.1M).
Debt to Equity History and Analysis
Debt Level: 6407 has more cash than its total debt.
Reducing Debt: 6407's debt to equity ratio has reduced from 99.4% to 24.3% over the past 5 years.
Debt Coverage: 6407's debt is well covered by operating cash flow (23.9%).
Interest Coverage: 6407's interest payments on its debt are well covered by EBIT (3.6x coverage).