GMI Technology Balance Sheet Health
Financial Health criteria checks 5/6
GMI Technology has a total shareholder equity of NT$2.7B and total debt of NT$1.8B, which brings its debt-to-equity ratio to 64.7%. Its total assets and total liabilities are NT$6.8B and NT$4.0B respectively. GMI Technology's EBIT is NT$408.8M making its interest coverage ratio 8.7. It has cash and short-term investments of NT$1.5B.
Key information
64.7%
Debt to equity ratio
NT$1.75b
Debt
| Interest coverage ratio | 8.7x |
| Cash | NT$1.50b |
| Equity | NT$2.71b |
| Total liabilities | NT$4.05b |
| Total assets | NT$6.76b |
Recent financial health updates
These 4 Measures Indicate That GMI Technology (TPE:3312) Is Using Debt Safely
Apr 22
We Think GMI Technology (TPE:3312) Can Manage Its Debt With Ease
Jan 15
Recent updates
There'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$6.1B) exceed its short term liabilities (NT$3.9B).
Long Term Liabilities: 3312's short term assets (NT$6.1B) exceed its long term liabilities (NT$184.1M).
Debt to Equity History and Analysis
Debt Level: 3312's net debt to equity ratio (9.4%) is considered satisfactory.
Reducing Debt: 3312's debt to equity ratio has increased from 53.4% to 64.7% over the past 5 years.
Debt Coverage: 3312's debt is well covered by operating cash flow (83.9%).
Interest Coverage: 3312's interest payments on its debt are well covered by EBIT (8.7x coverage).