GMI Technology Balance Sheet Health
Financial Health criteria checks 4/6
GMI Technology has a total shareholder equity of NT$3.0B and total debt of NT$3.1B, which brings its debt-to-equity ratio to 103.4%. Its total assets and total liabilities are NT$9.2B and NT$6.2B respectively. GMI Technology's EBIT is NT$472.3M making its interest coverage ratio 16.6. It has cash and short-term investments of NT$2.2B.
Key information
103.4%
Debt to equity ratio
NT$3.09b
Debt
| Interest coverage ratio | 16.6x |
| Cash | NT$2.17b |
| Equity | NT$2.98b |
| Total liabilities | NT$6.22b |
| Total assets | NT$9.20b |
Recent financial health updates
GMI Technology (TWSE:3312) Seems To Use Debt Quite Sensibly
Jun 18
These 4 Measures Indicate That GMI Technology (TPE:3312) Is Using Debt Safely
Apr 22We Think GMI Technology (TPE:3312) Can Manage Its Debt With Ease
Jan 15
Recent updates
What GMI Technology Inc.'s (TWSE:3312) P/E Is Not Telling You
Nov 15Investors Shouldn't Be Too Comfortable With GMI Technology's (TWSE:3312) Earnings
Oct 07GMI Technology (TWSE:3312) Will Pay A Smaller Dividend Than Last Year
Aug 12GMI Technology Inc. (TWSE:3312) Stock Rockets 46% As Investors Are Less Pessimistic Than Expected
Jul 12GMI Technology (TWSE:3312) Seems To Use Debt Quite Sensibly
Jun 18Subdued Growth No Barrier To GMI Technology Inc. (TWSE:3312) With Shares Advancing 30%
May 28There's Reason For Concern Over GMI Technology Inc.'s (TWSE:3312) Massive 42% Price Jump
Apr 12There May Be Some Bright Spots In GMI Technology's (TWSE:3312) Earnings
Mar 22Investors Still Aren't Entirely Convinced By GMI Technology Inc.'s (TWSE:3312) Earnings Despite 64% Price Jump
Feb 26These 4 Measures Indicate That GMI Technology (TPE:3312) Is Using Debt Safely
Apr 22Are You An Income Investor? Don't Miss Out On GMI Technology Inc. (TPE:3312)
Apr 04What Can The Trends At GMI Technology (TPE:3312) Tell Us About Their Returns?
Mar 16Is GMI Technology's (TPE:3312) 103% Share Price Increase Well Justified?
Feb 15Is GMI Technology Inc.'s (TPE:3312) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Jan 31We Think GMI Technology (TPE:3312) Can Manage Its Debt With Ease
Jan 15Key Things To Consider Before Buying GMI Technology Inc. (TPE:3312) For Its Dividend
Dec 31Will GMI Technology's (TPE:3312) Growth In ROCE Persist?
Dec 16Here's Why We Think GMI Technology's (TPE:3312) Statutory Earnings Might Be Conservative
Dec 01Financial Position Analysis
Short Term Liabilities: 3312's short term assets (NT$8.1B) exceed its short term liabilities (NT$5.3B).
Long Term Liabilities: 3312's short term assets (NT$8.1B) exceed its long term liabilities (NT$943.6M).
Debt to Equity History and Analysis
Debt Level: 3312's net debt to equity ratio (30.5%) is considered satisfactory.
Reducing Debt: 3312's debt to equity ratio has increased from 76.9% to 103.4% over the past 5 years.
Debt Coverage: 3312's debt is not well covered by operating cash flow (5.3%).
Interest Coverage: 3312's interest payments on its debt are well covered by EBIT (16.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 10:11 |
| End of Day Share Price | 2024/12/23 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| 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
GMI Technology Inc. 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 |
|---|---|
| Shangzhi Wang | Capital Securities Corporation |