Ventec International GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
Ventec International GroupLtd has a total shareholder equity of NT$3.4B and total debt of NT$90.6M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are NT$4.7B and NT$1.4B respectively. Ventec International GroupLtd's EBIT is NT$384.4M making its interest coverage ratio -10.5. It has cash and short-term investments of NT$1.1B.
Key information
2.7%
Debt to equity ratio
NT$90.61m
Debt
| Interest coverage ratio | -10.5x |
| Cash | NT$1.12b |
| Equity | NT$3.38b |
| Total liabilities | NT$1.36b |
| Total assets | NT$4.73b |
Recent financial health updates
Is Ventec International GroupLtd (TPE:6672) A Risky Investment?
Mar 04
Ventec International GroupLtd (TPE:6672) Could Easily Take On More Debt
Nov 25Recent updates
We Like Ventec International GroupLtd's (TWSE:6672) Earnings For More Than Just Statutory Profit
May 21Ventec International GroupLtd (TPE:6672) Shareholders Will Want The ROCE Trajectory To Continue
Mar 22Is Ventec International GroupLtd (TPE:6672) A Risky Investment?
Mar 04Ventec International Group Co.,Ltd. (TPE:6672) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Jan 20
A Look At Ventec International GroupLtd's (TPE:6672) Share Price Returns
Dec 31Ventec International GroupLtd (TPE:6672): Are Investors Overlooking Returns On Capital?
Dec 14Ventec International GroupLtd (TPE:6672) Could Easily Take On More Debt
Nov 25Financial Position Analysis
Short Term Liabilities: 6672's short term assets (NT$3.2B) exceed its short term liabilities (NT$949.4M).
Long Term Liabilities: 6672's short term assets (NT$3.2B) exceed its long term liabilities (NT$407.1M).
Debt to Equity History and Analysis
Debt Level: 6672 has more cash than its total debt.
Reducing Debt: 6672's debt to equity ratio has reduced from 17.6% to 2.7% over the past 5 years.
Debt Coverage: 6672's debt is well covered by operating cash flow (767.5%).
Interest Coverage: 6672 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 | 2024/12/31 14:33 |
| End of Day Share Price | 2024/12/31 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
Ventec International Group Co.,Ltd. is covered by 2 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 |
|---|---|
| Zhisheng Tsai | Jih Sun Securities Investment Consulting Co., Ltd. |
| Kuan-Chieh Liao | SinoPac Securities Investment Service |