Good Will Instrument Balance Sheet Health
Financial Health criteria checks 5/6
Good Will Instrument has a total shareholder equity of NT$2.6B and total debt of NT$305.0M, which brings its debt-to-equity ratio to 11.6%. Its total assets and total liabilities are NT$3.8B and NT$1.1B respectively. Good Will Instrument's EBIT is NT$446.1M making its interest coverage ratio -690.5. It has cash and short-term investments of NT$524.8M.
Key information
11.6%
Debt to equity ratio
NT$304.99m
Debt
| Interest coverage ratio | -690.5x |
| Cash | NT$524.77m |
| Equity | NT$2.63b |
| Total liabilities | NT$1.15b |
| Total assets | NT$3.78b |
Recent financial health updates
Is Good Will Instrument (TPE:2423) Using Too Much Debt?
Apr 23
Good Will Instrument (TPE:2423) Has A Pretty Healthy Balance Sheet
Dec 15
Recent updates
Good Will Instrument Co., Ltd.'s (TWSE:2423) Prospects Need A Boost To Lift Shares
Aug 07Good Will Instrument (TWSE:2423) Has Announced That It Will Be Increasing Its Dividend To NT$2.20
Jun 06Many Still Looking Away From Good Will Instrument Co., Ltd. (TWSE:2423)
Apr 26Is Good Will Instrument (TPE:2423) Using Too Much Debt?
Apr 23Good Will Instrument's (TPE:2423) Soft Earnings Are Actually Better Than They Appear
Mar 19Returns On Capital - An Important Metric For Good Will Instrument (TPE:2423)
Mar 03Estimating The Intrinsic Value Of Good Will Instrument Co., Ltd. (TPE:2423)
Feb 17Read This Before Buying Good Will Instrument Co., Ltd. (TPE:2423) For Its Dividend
Jan 30Good Will Instrument Co., Ltd.'s (TPE:2423) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Jan 14Did You Participate In Any Of Good Will Instrument's (TPE:2423) Respectable 100% Return?
Dec 30Good Will Instrument (TPE:2423) Has A Pretty Healthy Balance Sheet
Dec 15What We Make Of Good Will Instrument's (TPE:2423) Returns On Capital
Nov 30Financial Position Analysis
Short Term Liabilities: 2423's short term assets (NT$2.4B) exceed its short term liabilities (NT$965.8M).
Long Term Liabilities: 2423's short term assets (NT$2.4B) exceed its long term liabilities (NT$182.6M).
Debt to Equity History and Analysis
Debt Level: 2423 has more cash than its total debt.
Reducing Debt: 2423's debt to equity ratio has increased from 3% to 11.6% over the past 5 years.
Debt Coverage: 2423's debt is well covered by operating cash flow (147.4%).
Interest Coverage: 2423 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 | 2024/12/23 12:46 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Good Will Instrument Co., Ltd. is covered by 1 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 |
|---|---|
| Quanguo Zhang | Citic Securities Co., Ltd. |