Welltend Technology Balance Sheet Health
Financial Health criteria checks 6/6
Welltend Technology has a total shareholder equity of NT$1.7B and total debt of NT$780.0M, which brings its debt-to-equity ratio to 45.1%. Its total assets and total liabilities are NT$3.4B and NT$1.7B respectively. Welltend Technology's EBIT is NT$243.6M making its interest coverage ratio -1269. It has cash and short-term investments of NT$955.0M.
Key information
45.1%
Debt to equity ratio
NT$780.00m
Debt
| Interest coverage ratio | -1269x |
| Cash | NT$955.04m |
| Equity | NT$1.73b |
| Total liabilities | NT$1.70b |
| Total assets | NT$3.43b |
Recent financial health updates
Recent updates
Why Investors Shouldn't Be Surprised By Welltend Technology Corporation's (TWSE:3021) 25% Share Price Plunge
Dec 26
Return Trends At Welltend Technology (TWSE:3021) Aren't Appealing
Dec 13Welltend Technology's (TWSE:3021) Promising Earnings May Rest On Soft Foundations
Nov 22Welltend Technology Corporation (TWSE:3021) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Sep 24Welltend Technology (TWSE:3021) Has More To Do To Multiply In Value Going Forward
Sep 13Welltend Technology Corporation's (TWSE:3021) 25% Price Boost Is Out Of Tune With Earnings
Jul 15Welltend Technology (TWSE:3021) Is Reducing Its Dividend To NT$0.30
Jun 24Welltend Technology's (TWSE:3021) Soft Earnings Are Actually Better Than They Appear
Mar 20Welltend Technology Corporation's (TWSE:3021) Shares Bounce 25% But Its Business Still Trails The Market
Mar 08Returns On Capital - An Important Metric For Welltend Technology (TPE:3021)
Mar 15Here's Why Welltend Technology (TPE:3021) Can Manage Its Debt Responsibly
Feb 24Read This Before Buying Welltend Technology Corporation (TPE:3021) For Its Dividend
Feb 06
Are Welltend Technology Corporation's (TPE:3021) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
Jan 16Did You Participate In Any Of Welltend Technology's (TPE:3021) Respectable 51% Return?
Dec 26Here’s What’s Happening With Returns At Welltend Technology (TPE:3021)
Nov 21Financial Position Analysis
Short Term Liabilities: 3021's short term assets (NT$2.8B) exceed its short term liabilities (NT$1.6B).
Long Term Liabilities: 3021's short term assets (NT$2.8B) exceed its long term liabilities (NT$81.2M).
Debt to Equity History and Analysis
Debt Level: 3021 has more cash than its total debt.
Reducing Debt: 3021's debt to equity ratio has reduced from 47.5% to 45.1% over the past 5 years.
Debt Coverage: 3021's debt is well covered by operating cash flow (24%).
Interest Coverage: 3021 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 | 2024/12/28 21:28 |
| End of Day Share Price | 2024/12/27 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 |
| |
| 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
Welltend Technology Corporation 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 |
|---|---|
| Dewei Tseng | Jih Sun Securities Investment Consulting Co., Ltd. |