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.