Topview Optronics Balance Sheet Health
Financial Health criteria checks 6/6
Topview Optronics has a total shareholder equity of NT$1.4B and total debt of NT$260.3M, which brings its debt-to-equity ratio to 18.9%. Its total assets and total liabilities are NT$2.1B and NT$690.8M respectively. Topview Optronics's EBIT is NT$240.5M making its interest coverage ratio 39.3. It has cash and short-term investments of NT$455.1M.
Key information
18.9%
Debt to equity ratio
NT$260.34m
Debt
| Interest coverage ratio | 39.3x |
| Cash | NT$455.07m |
| Equity | NT$1.38b |
| Total liabilities | NT$690.81m |
| Total assets | NT$2.07b |
Recent financial health updates
These 4 Measures Indicate That Topview Optronics (GTSM:6556) Is Using Debt Safely
Feb 24
Topview Optronics (GTSM:6556) Could Easily Take On More Debt
Nov 24
Recent updates
These Return Metrics Don't Make Topview Optronics (GTSM:6556) Look Too Strong
Apr 07Is Topview Optronics Corporation's (GTSM:6556) Stock On A Downtrend As A Result Of Its Poor Financials?
Mar 18These 4 Measures Indicate That Topview Optronics (GTSM:6556) Is Using Debt Safely
Feb 24Does Topview Optronics Corporation (GTSM:6556) Have A Place In Your Dividend Portfolio?
Feb 03How Well Is Topview Optronics (GTSM:6556) Allocating Its Capital?
Jan 07Topview Optronics Corporation's (GTSM:6556) Dismal Stock Performance Reflects Weak Fundamentals
Dec 15Topview Optronics (GTSM:6556) Could Easily Take On More Debt
Nov 24Financial Position Analysis
Short Term Liabilities: 6556's short term assets (NT$1.1B) exceed its short term liabilities (NT$545.5M).
Long Term Liabilities: 6556's short term assets (NT$1.1B) exceed its long term liabilities (NT$145.3M).
Debt to Equity History and Analysis
Debt Level: 6556 has more cash than its total debt.
Reducing Debt: 6556's debt to equity ratio has reduced from 85.6% to 18.9% over the past 5 years.
Debt Coverage: 6556's debt is well covered by operating cash flow (175.6%).
Interest Coverage: 6556's interest payments on its debt are well covered by EBIT (39.3x coverage).