Giga-Byte Technology Balance Sheet Health
Financial Health criteria checks 5/6
Giga-Byte Technology has a total shareholder equity of NT$37.9B and total debt of NT$8.9B, which brings its debt-to-equity ratio to 23.5%. Its total assets and total liabilities are NT$82.2B and NT$44.2B respectively. Giga-Byte Technology's EBIT is NT$4.9B making its interest coverage ratio -12.3. It has cash and short-term investments of NT$24.4B.
Key information
23.5%
Debt to equity ratio
NT$8.92b
Debt
Interest coverage ratio | -12.3x |
Cash | NT$24.37b |
Equity | NT$37.93b |
Total liabilities | NT$44.22b |
Total assets | NT$82.15b |
Recent financial health updates
Recent updates
Broker 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 14Why Giga-Byte Technology Co., Ltd. (TPE:2376) Is A Top Dividend Stock
May 01Giga-Byte Technology (TPE:2376) Seems To Use Debt Rather Sparingly
Apr 03Did You Participate In Any Of Giga-Byte Technology's (TPE:2376) Fantastic 251% Return ?
Mar 18Financial Position Analysis
Short Term Liabilities: 2376's short term assets (NT$73.1B) exceed its short term liabilities (NT$34.6B).
Long Term Liabilities: 2376's short term assets (NT$73.1B) exceed its long term liabilities (NT$9.6B).
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 1.4% to 23.5% over the past 5 years.
Debt Coverage: 2376's debt is well covered by operating cash flow (25.4%).
Interest Coverage: 2376 earns more interest than it pays, so coverage of interest payments is not a concern.