Giga-Byte Technology Balance Sheet Health
Financial Health criteria checks 4/6
Giga-Byte Technology has a total shareholder equity of NT$52.0B and total debt of NT$30.4B, which brings its debt-to-equity ratio to 58.5%. Its total assets and total liabilities are NT$131.9B and NT$79.9B respectively. Giga-Byte Technology's EBIT is NT$11.8B making its interest coverage ratio -47.5. It has cash and short-term investments of NT$34.1B.
Key information
58.5%
Debt to equity ratio
NT$30.41b
Debt
| Interest coverage ratio | -47.5x |
| Cash | NT$34.15b |
| Equity | NT$52.01b |
| Total liabilities | NT$79.88b |
| Total assets | NT$131.89b |
Recent financial health updates
No updates
Recent updates
Giga-Byte Technology (TWSE:2376) Is Posting Solid Earnings, But It Is Not All Good News
Nov 21
Earnings Miss: Giga-Byte Technology Co., Ltd. Missed EPS By 34% And Analysts Are Revising Their Forecasts
Nov 17Returns At Giga-Byte Technology (TWSE:2376) Are On The Way Up
Sep 30Broker Revenue Forecasts For Giga-Byte Technology Co., Ltd. (TWSE:2376) Are Surging Higher
Apr 17Calculating The Intrinsic Value Of Giga-Byte Technology Co., Ltd. (TWSE:2376)
Apr 15Is Giga-Byte Technology Co., Ltd. (TWSE:2376) Potentially Undervalued?
Apr 01Giga-Byte Technology Co., Ltd. Just Missed EPS By 6.3%: Here's What Analysts Think Will Happen Next
Mar 19News Flash: Analysts Just Made A Substantial Upgrade To Their Giga-Byte Technology Co., Ltd. (TWSE:2376) Forecasts
Mar 17Why We're Not Concerned About Giga-Byte Technology Co., Ltd.'s (TWSE:2376) Share Price
Mar 14Financial Position Analysis
Short Term Liabilities: 2376's short term assets (NT$121.2B) exceed its short term liabilities (NT$60.8B).
Long Term Liabilities: 2376's short term assets (NT$121.2B) exceed its long term liabilities (NT$19.1B).
Debt to Equity History and Analysis
Debt Level: 2376 has more cash than its total debt.
Reducing Debt: 2376's debt to equity ratio has increased from 1.8% to 58.5% over the past 5 years.
Debt Coverage: 2376's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2376 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 12:41 |
| 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
Giga-Byte Technology Co., Ltd. is covered by 17 analysts. 10 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 | Capital Securities Corporation |
| Xianwen Ma | Changjiang Securities Co. LTD. |
| null null | Credit Suisse |