Goldtek Technology Balance Sheet Health
Financial Health criteria checks 5/6
Goldtek Technology has a total shareholder equity of NT$2.0B and total debt of NT$300.0M, which brings its debt-to-equity ratio to 15%. Its total assets and total liabilities are NT$3.2B and NT$1.2B respectively. Goldtek Technology's EBIT is NT$130.6M making its interest coverage ratio -11. It has cash and short-term investments of NT$965.5M.
Key information
15.0%
Debt to equity ratio
NT$300.00m
Debt
Interest coverage ratio | -11x |
Cash | NT$965.53m |
Equity | NT$2.01b |
Total liabilities | NT$1.24b |
Total assets | NT$3.24b |
Recent financial health updates
No updates
Recent updates
Should You Invest In Goldtek Technology (GTSM:6638)?
Mar 18We Think Goldtek Technology's (GTSM:6638) Statutory Profit Might Understate Its Earnings Potential
Feb 10How Does Goldtek Technology Co., Ltd. (GTSM:6638) Fare As A Dividend Stock?
Jan 19Reflecting on Goldtek Technology's (GTSM:6638) Share Price Returns Over The Last Three Years
Dec 22Will Goldtek Technology (GTSM:6638) Become A Multi-Bagger?
Dec 04Are Robust Financials Driving The Recent Rally In Goldtek Technology Co., Ltd.'s (GTSM:6638) Stock?
Nov 19Financial Position Analysis
Short Term Liabilities: 6638's short term assets (NT$2.3B) exceed its short term liabilities (NT$1.0B).
Long Term Liabilities: 6638's short term assets (NT$2.3B) exceed its long term liabilities (NT$213.4M).
Debt to Equity History and Analysis
Debt Level: 6638 has more cash than its total debt.
Reducing Debt: 6638's debt to equity ratio has increased from 0% to 15% over the past 5 years.
Debt Coverage: 6638's debt is well covered by operating cash flow (91.5%).
Interest Coverage: 6638 earns more interest than it pays, so coverage of interest payments is not a concern.