Egis Technology Balance Sheet Health

Financial Health criteria checks 4/6

Egis Technology has a total shareholder equity of NT$10.7B and total debt of NT$4.1B, which brings its debt-to-equity ratio to 38.2%. Its total assets and total liabilities are NT$19.7B and NT$9.1B respectively.

Key information

38.2%

Debt to equity ratio

NT$4.09b

Debt

Interest coverage ratio	n/a
Cash	NT$3.03b
Equity	NT$10.68b
Total liabilities	NT$9.06b
Total assets	NT$19.74b

Recent financial health updates

Does Egis Technology (GTSM:6462) Have A Healthy Balance Sheet?

Apr 06

Is Egis Technology (GTSM:6462) Using Too Much Debt?

Dec 23

Recent updates

Does Egis Technology (GTSM:6462) Have A Healthy Balance Sheet?

Apr 06

Bearish: Analysts Just Cut Their Egis Technology Inc. (GTSM:6462) Revenue and EPS estimates

Mar 22

How Much Did Egis Technology's(GTSM:6462) Shareholders Earn From Share Price Movements Over The Last Year?

Jan 26

Egis Technology Inc.'s (GTSM:6462) Stock Has Fared Decently: Is the Market Following Strong Financials?

Jan 08

Is Egis Technology (GTSM:6462) Using Too Much Debt?

Dec 23

Is Egis Technology Inc. (GTSM:6462) The Right Choice For A Smart Dividend Investor?

Dec 09

An Intrinsic Calculation For Egis Technology Inc. (GTSM:6462) Suggests It's 45% Undervalued

Nov 24

Financial Position Analysis

Short Term Liabilities: 6462's short term assets (NT$4.9B) exceed its short term liabilities (NT$4.6B).

Long Term Liabilities: 6462's short term assets (NT$4.9B) exceed its long term liabilities (NT$4.4B).

Debt to Equity History and Analysis

Debt Level: 6462's net debt to equity ratio (9.9%) is considered satisfactory.

Reducing Debt: 6462's debt to equity ratio has reduced from 54% to 38.2% over the past 5 years.

Debt Coverage: 6462's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 6462's interest payments on its debt are well covered by EBIT.

Egis Technology Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

Does Egis Technology (GTSM:6462) Have A Healthy Balance Sheet?

Is Egis Technology (GTSM:6462) Using Too Much Debt?

Recent updates

Third quarter 2024 earnings released: NT$2.65 loss per share (vs NT$3.13 loss in 3Q 2023)

Egis Technology Inc. to Report Q3, 2024 Results on Nov 13, 2024

Egis Technology Inc. has filed a Follow-on Equity Offering.

New minor risk - Shareholder dilution

Second quarter 2024 earnings released: NT$2.28 loss per share (vs NT$2.44 loss in 2Q 2023)

Egis Technology Inc. to Report Q2, 2024 Results on Aug 09, 2024

New major risk - Share price stability

First quarter 2024 earnings released: NT$1.31 loss per share (vs NT$1.26 loss in 1Q 2023)

Full year 2023 earnings released: NT$9.97 loss per share (vs NT$12.31 loss in FY 2022)

Egis Technology Inc., Annual General Meeting, Jun 25, 2024

Price target increased by 54% to NT$100.00

New minor risk - Share price stability

Third quarter 2023 earnings released: NT$3.13 loss per share (vs NT$3.64 loss in 3Q 2022)

New major risk - Revenue and earnings growth

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

New minor risk - Share price stability

Upcoming dividend of NT$2.80 per share at 2.5% yield

Egis Technology Inc. Announces the Cash Dividend, Payable on August 4, 2023

Egis Technology Inc. Announces Executive Changes

Egis Technology Inc. Announces Changes to the Members of Audit Committee

New minor risk - Shareholder dilution

Egis Technology Inc. Appoints Howard Ro as Sr. Vice President

Egis Technology Inc. announced a financing transaction

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Less than half of directors are independent

Third quarter 2022 earnings released: NT$3.64 loss per share (vs NT$0.72 loss in 3Q 2021)

Egis Technology Inc. Announces Resignation of David Hwang as Senior Vice President

Price target decreased to NT$91.00

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Egis Technology Inc. Announces That YiPin Lee Replaces George Chang as Chief Financial Officer

Now 23% undervalued after recent price drop

Upcoming dividend of NT$10.00 per share

Egis Technology Inc. Announces Resignation of George Chang as Corporate Governance Officer

Egis Technology Inc. Announces Cash Dividend Distribution, Payable on August 3, 2022

Now 23% undervalued after recent price drop

Now 22% undervalued after recent price drop

Price target decreased to NT$104

Egis Technology Inc. Appoints David Hwang as Senior Vice President

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Egis Technology Inc. (TPEX:6462) completed the acquisition of 15.992696% stake in Silicon Optronics, Inc. (TWSE:3530) for TWD 1.5 billion.

Less than half of directors are independent

Egis Technology Inc. (TPEX:6462) agreed to acquire 23.03178% stake in Silicon Optronics, Inc. (TWSE:3530) for TWD 2.2 billion.

Egis Technology Inc., Annual General Meeting, Jun 22, 2022

Egis Technology Inc. (TPEX:6462) completed the acquisition of an additional 9.47% stake in iCatch Technology, Inc. (TPEX:6695) for approximately TWD 540 million.

Price target decreased to NT$112

Third quarter 2021 earnings released: NT$0.72 loss per share (vs NT$3.23 profit in 3Q 2020)

Consensus revenue estimates fall to NT$4.06b

Investor sentiment deteriorated over the past week

Price target decreased to NT$138

Second quarter 2021 earnings released: NT$2.77 loss per share (vs NT$2.46 profit in 2Q 2020)

Director Lai-Jhu Chen has joined 5th company board

Upcoming dividend of NT$15.00 per share

Consensus revenue estimates fall to NT$5.38b

First quarter 2021 earnings released: EPS NT$0.94 (vs NT$3.39 in 1Q 2020)

Does Egis Technology (GTSM:6462) Have A Healthy Balance Sheet?

Consensus revenue estimates fall to NT$6.08b

Bearish: Analysts Just Cut Their Egis Technology Inc. (GTSM:6462) Revenue and EPS estimates

Price target decreased to NT$147

Full year 2020 earnings released: EPS NT$9.14 (vs NT$12.60 in FY 2019)

Would Egis Technology Inc. (GTSM:6462) Be Valuable To Income Investors?

Egis Technology Inc., Annual General Meeting, Jun 17, 2021

Egis Technology (GTSM:6462) Is Very Good At Capital Allocation

Is It Time To Consider Buying Egis Technology Inc. (GTSM:6462)?

New 90-day low: NT$151

How Much Did Egis Technology's(GTSM:6462) Shareholders Earn From Share Price Movements Over The Last Year?

Egis Technology Inc.'s (GTSM:6462) Stock Has Fared Decently: Is the Market Following Strong Financials?

Is Egis Technology (GTSM:6462) Using Too Much Debt?

Is Egis Technology Inc. (GTSM:6462) The Right Choice For A Smart Dividend Investor?

An Intrinsic Calculation For Egis Technology Inc. (GTSM:6462) Suggests It's 45% Undervalued

Analysts lower EPS estimates to NT$12.16

New 90-day high: NT$183

Price target raised to NT$182

Revenue and earnings miss expectations