Ping Ho Environmental Technology Balance Sheet Health
Financial Health criteria checks 6/6
Ping Ho Environmental Technology has a total shareholder equity of NT$736.0M and total debt of NT$423.5M, which brings its debt-to-equity ratio to 57.5%. Its total assets and total liabilities are NT$1.3B and NT$553.3M respectively. Ping Ho Environmental Technology's EBIT is NT$173.3M making its interest coverage ratio 19.7. It has cash and short-term investments of NT$216.9M.
Key information
57.5%
Debt to equity ratio
NT$423.52m
Debt
Interest coverage ratio | 19.7x |
Cash | NT$216.89m |
Equity | NT$735.98m |
Total liabilities | NT$553.30m |
Total assets | NT$1.29b |
Recent financial health updates
No updates
Recent updates
Calculating The Fair Value Of Ping Ho Environmental Technology Company Co., Ltd. (GTSM:6771)
Mar 05Returns On Capital At Ping Ho Environmental Technology Company (GTSM:6771) Paint An Interesting Picture
Feb 03Ping Ho Environmental Technology Company (GTSM:6771) Share Prices Have Dropped 13% In The Last Year
Jan 12Estimating The Fair Value Of Ping Ho Environmental Technology Company Co., Ltd. (GTSM:6771)
Nov 17Financial Position Analysis
Short Term Liabilities: 6771's short term assets (NT$361.8M) exceed its short term liabilities (NT$288.5M).
Long Term Liabilities: 6771's short term assets (NT$361.8M) exceed its long term liabilities (NT$264.8M).
Debt to Equity History and Analysis
Debt Level: 6771's net debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: 6771's debt to equity ratio has reduced from 96% to 57.5% over the past 5 years.
Debt Coverage: 6771's debt is well covered by operating cash flow (47.2%).
Interest Coverage: 6771's interest payments on its debt are well covered by EBIT (19.7x coverage).