Wah Hong Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Wah Hong Industrial has a total shareholder equity of NT$4.3B and total debt of NT$1.4B, which brings its debt-to-equity ratio to 32.7%. Its total assets and total liabilities are NT$7.9B and NT$3.6B respectively. Wah Hong Industrial's EBIT is NT$243.8M making its interest coverage ratio 498.5. It has cash and short-term investments of NT$1.7B.
Key information
32.7%
Debt to equity ratio
NT$1.41b
Debt
| Interest coverage ratio | 498.5x |
| Cash | NT$1.72b |
| Equity | NT$4.31b |
| Total liabilities | NT$3.62b |
| Total assets | NT$7.93b |
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$5.4B) exceed its short term liabilities (NT$2.9B).
Long Term Liabilities: 8240's short term assets (NT$5.4B) exceed its long term liabilities (NT$752.3M).
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 50.3% to 32.7% over the past 5 years.
Debt Coverage: 8240's debt is well covered by operating cash flow (31.7%).
Interest Coverage: 8240's interest payments on its debt are well covered by EBIT (498.5x coverage).