Co-Tech Development Balance Sheet Health
Financial Health criteria checks 5/6
Co-Tech Development has a total shareholder equity of NT$6.3B and total debt of NT$1.7B, which brings its debt-to-equity ratio to 26.8%. Its total assets and total liabilities are NT$8.7B and NT$2.4B respectively. Co-Tech Development's EBIT is NT$1.1B making its interest coverage ratio 118.6. It has cash and short-term investments of NT$2.0B.
Key information
26.8%
Debt to equity ratio
NT$1.70b
Debt
| Interest coverage ratio | 118.6x |
| Cash | NT$1.96b |
| Equity | NT$6.33b |
| Total liabilities | NT$2.42b |
| Total assets | NT$8.75b |
Recent financial health updates
Recent updates
Should You Buy Co-Tech Development Corporation (GTSM:8358) For Its Dividend?
Mar 25
What Do The Returns At Co-Tech Development (GTSM:8358) Mean Going Forward?
Feb 11Co-Tech Development (GTSM:8358) Has A Rock Solid Balance Sheet
Jan 14Did You Participate In Any Of Co-Tech Development's (GTSM:8358) Incredible 507% Return?
Dec 16Should You Buy Co-Tech Development Corporation (GTSM:8358) For Its Dividend?
Nov 18Financial Position Analysis
Short Term Liabilities: 8358's short term assets (NT$4.5B) exceed its short term liabilities (NT$2.4B).
Long Term Liabilities: 8358's short term assets (NT$4.5B) exceed its long term liabilities (NT$37.5M).
Debt to Equity History and Analysis
Debt Level: 8358 has more cash than its total debt.
Reducing Debt: 8358's debt to equity ratio has increased from 23.6% to 26.8% over the past 5 years.
Debt Coverage: 8358's debt is well covered by operating cash flow (33.7%).
Interest Coverage: 8358's interest payments on its debt are well covered by EBIT (118.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 17:34 |
| End of Day Share Price | 2024/12/25 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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
Co-Tech Development Corporation is covered by 3 analysts. 0 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 |
|---|---|
| null null | KGI Securities Co. Ltd. |
| Youxi Lin | KGI Securities Co. Ltd. |
| Junzhe Hung | Masterlink Securities Corp. |