Honey Hope Honesty EnterpriseLtd Balance Sheet Health
Financial Health criteria checks 5/6
Honey Hope Honesty EnterpriseLtd has a total shareholder equity of NT$2.6B and total debt of NT$35.0M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are NT$4.0B and NT$1.3B respectively. Honey Hope Honesty EnterpriseLtd's EBIT is NT$10.6M making its interest coverage ratio -0.3. It has cash and short-term investments of NT$1.2B.
Key information
1.3%
Debt to equity ratio
NT$35.00m
Debt
| Interest coverage ratio | -0.3x |
| Cash | NT$1.17b |
| Equity | NT$2.64b |
| Total liabilities | NT$1.34b |
| Total assets | NT$3.98b |
Recent financial health updates
No updates
Recent updates
Returns On Capital Signal Difficult Times Ahead For Honey Hope Honesty EnterpriseLtd (GTSM:8043)
Apr 01
Investors In Honey Hope Honesty Enterprise Co.,Ltd (GTSM:8043) Should Consider This, First
Mar 12Honey Hope Honesty EnterpriseLtd (GTSM:8043) Has Gifted Shareholders With A Fantastic 137% Total Return On Their Investment
Jan 28Should You Be Worried About Honey Hope Honesty EnterpriseLtd's (GTSM:8043) Returns On Capital?
Dec 23
Read This Before Buying Honey Hope Honesty Enterprise Co.,Ltd (GTSM:8043) For Its Dividend
Nov 18Financial Position Analysis
Short Term Liabilities: 8043's short term assets (NT$3.4B) exceed its short term liabilities (NT$1.2B).
Long Term Liabilities: 8043's short term assets (NT$3.4B) exceed its long term liabilities (NT$180.6M).
Debt to Equity History and Analysis
Debt Level: 8043 has more cash than its total debt.
Reducing Debt: 8043's debt to equity ratio has increased from 0% to 1.3% over the past 5 years.
Debt Coverage: 8043's debt is well covered by operating cash flow (492.7%).
Interest Coverage: 8043 earns more interest than it pays, so coverage of interest payments is not a concern.