Solid Year Balance Sheet Health
Financial Health criteria checks 6/6
Solid Year has a total shareholder equity of NT$1.5B and total debt of NT$490.5M, which brings its debt-to-equity ratio to 33%. Its total assets and total liabilities are NT$3.3B and NT$1.8B respectively. Solid Year's EBIT is NT$255.9M making its interest coverage ratio 143.3. It has cash and short-term investments of NT$408.5M.
Key information
33.0%
Debt to equity ratio
NT$490.50m
Debt
| Interest coverage ratio | 143.3x |
| Cash | NT$408.55m |
| Equity | NT$1.48b |
| Total liabilities | NT$1.83b |
| Total assets | NT$3.31b |
Recent financial health updates
No updates
Recent updates
Should You Buy Solid Year Co., Ltd. (GTSM:6737) For Its Dividend?
Mar 24
Solid Year Co., Ltd.'s (GTSM:6737) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Feb 10
Be Sure To Check Out Solid Year Co., Ltd. (GTSM:6737) Before It Goes Ex-Dividend
Jan 02Should You Buy Solid Year Co., Ltd. (GTSM:6737) For Its Dividend?
Dec 10Financial Position Analysis
Short Term Liabilities: 6737's short term assets (NT$2.0B) exceed its short term liabilities (NT$1.1B).
Long Term Liabilities: 6737's short term assets (NT$2.0B) exceed its long term liabilities (NT$690.8M).
Debt to Equity History and Analysis
Debt Level: 6737's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: 6737's debt to equity ratio has reduced from 93.9% to 33% over the past 5 years.
Debt Coverage: 6737's debt is well covered by operating cash flow (94.3%).
Interest Coverage: 6737's interest payments on its debt are well covered by EBIT (143.3x coverage).