Wah Hong Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Wah Hong Industrial has a total shareholder equity of NT$4.8B and total debt of NT$1.1B, which brings its debt-to-equity ratio to 23.2%. Its total assets and total liabilities are NT$8.1B and NT$3.3B respectively. Wah Hong Industrial's EBIT is NT$226.7M making its interest coverage ratio 28.9. It has cash and short-term investments of NT$1.8B.
Key information
23.2%
Debt to equity ratio
NT$1.11b
Debt
| Interest coverage ratio | 28.9x |
| Cash | NT$1.80b |
| Equity | NT$4.80b |
| Total liabilities | NT$3.30b |
| Total assets | NT$8.10b |
Recent financial health updates
Recent updates
Wah Hong Industrial (GTSM:8240) Is Looking To Continue Growing Its Returns On Capital
Mar 25
What To Know Before Buying Wah Hong Industrial Corp. (GTSM:8240) For Its Dividend
Feb 24Wah Hong Industrial Corp.'s (GTSM:8240) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
Feb 05Wah Hong Industrial (GTSM:8240) Could Easily Take On More Debt
Jan 14Shareholders Of Wah Hong Industrial (GTSM:8240) Must Be Happy With Their 105% Total Return
Dec 23Will The ROCE Trend At Wah Hong Industrial (GTSM:8240) Continue?
Dec 02Financial Position Analysis
Short Term Liabilities: 8240's short term assets (NT$5.5B) exceed its short term liabilities (NT$2.6B).
Long Term Liabilities: 8240's short term assets (NT$5.5B) exceed its long term liabilities (NT$720.4M).
Debt to Equity History and Analysis
Debt Level: 8240 has more cash than its total debt.
Reducing Debt: 8240's debt to equity ratio has reduced from 46.4% to 23.2% over the past 5 years.
Debt Coverage: 8240's debt is well covered by operating cash flow (35.4%).
Interest Coverage: 8240's interest payments on its debt are well covered by EBIT (28.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 06:19 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Wah Hong Industrial Corp. is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jiahong Liu | E.Sun Securities Investment Consulting Co. Ltd. |
| Xi Hao Bau | IBTS Investment Consulting Co., Ltd. |
| Ssu-Han Fu | Jih Sun Securities Investment Consulting Co., Ltd. |