Gemtek Technology Balance Sheet Health
Financial Health criteria checks 6/6
Gemtek Technology has a total shareholder equity of NT$13.2B and total debt of NT$2.2B, which brings its debt-to-equity ratio to 16.5%. Its total assets and total liabilities are NT$22.0B and NT$8.8B respectively. Gemtek Technology's EBIT is NT$463.6M making its interest coverage ratio 8.2. It has cash and short-term investments of NT$3.5B.
Key information
16.5%
Debt to equity ratio
NT$2.18b
Debt
| Interest coverage ratio | 8.2x |
| Cash | NT$3.53b |
| Equity | NT$13.20b |
| Total liabilities | NT$8.77b |
| Total assets | NT$21.97b |
Recent financial health updates
Recent updates
There's Been No Shortage Of Growth Recently For Gemtek Technology's (TWSE:4906) Returns On Capital
Mar 06
Is Gemtek Technology Co., Ltd. (TPE:4906) The Right Choice For A Smart Dividend Investor?
Apr 23Investors Will Want Gemtek Technology's (TPE:4906) Growth In ROCE To Persist
Apr 05Has Gemtek Technology Co., Ltd.'s (TPE:4906) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Mar 17Shareholders Of Gemtek Technology (TPE:4906) Must Be Happy With Their 82% Return
Mar 02Here's Why I Think Gemtek Technology (TPE:4906) Is An Interesting Stock
Feb 15
Gemtek Technology (TPE:4906) Has A Pretty Healthy Balance Sheet
Feb 01Gemtek Technology Co., Ltd. (TPE:4906) Is An Attractive Dividend Stock - Here's Why
Jan 18Will Gemtek Technology's (TPE:4906) Growth In ROCE Persist?
Jan 05Gemtek Technology Co., Ltd. (TPE:4906) Could Be Riskier Than It Looks
Dec 21Gemtek Technology Co., Ltd.'s (TPE:4906) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Dec 08We Wouldn't Rely On Gemtek Technology's (TPE:4906) Statutory Earnings As A Guide
Nov 25Financial Position Analysis
Short Term Liabilities: 4906's short term assets (NT$13.5B) exceed its short term liabilities (NT$7.3B).
Long Term Liabilities: 4906's short term assets (NT$13.5B) exceed its long term liabilities (NT$1.5B).
Debt to Equity History and Analysis
Debt Level: 4906 has more cash than its total debt.
Reducing Debt: 4906's debt to equity ratio has reduced from 33% to 16.5% over the past 5 years.
Debt Coverage: 4906's debt is well covered by operating cash flow (119.8%).
Interest Coverage: 4906's interest payments on its debt are well covered by EBIT (8.2x coverage).