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
Earnings Miss: Giga-Byte Technology Co., Ltd. Missed EPS By 34% And Analysts Are Revising Their Forecasts
Nov 17
Returns 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.