Hsin Tai Gas Balance Sheet Health
Financial Health criteria checks 6/6
Hsin Tai Gas has a total shareholder equity of NT$2.7B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$5.7B and NT$3.0B respectively. Hsin Tai Gas's EBIT is NT$441.7M making its interest coverage ratio -15. It has cash and short-term investments of NT$2.1B.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | -15x |
| Cash | NT$2.12b |
| Equity | NT$2.71b |
| Total liabilities | NT$2.98b |
| Total assets | NT$5.69b |
Recent financial health updates
No updates
Recent updates
Should Hsin Tai Gas Co., Ltd. (GTSM:8917) Be Part Of Your Dividend Portfolio?
Apr 02
Hsin Tai Gas Co., Ltd.'s (GTSM:8917) Stock Been Rising: Are Strong Financials Guiding The Market?
Feb 25Does Hsin Tai Gas' (GTSM:8917) Share Price Gain of 59% Match Its Business Performance?
Jan 22
Could Hsin Tai Gas Co., Ltd. (GTSM:8917) Have The Makings Of Another Dividend Aristocrat?
Dec 17Returns On Capital - An Important Metric For Hsin Tai Gas (GTSM:8917)
Nov 18Financial Position Analysis
Short Term Liabilities: 8917's short term assets (NT$2.6B) exceed its short term liabilities (NT$1.3B).
Long Term Liabilities: 8917's short term assets (NT$2.6B) exceed its long term liabilities (NT$1.7B).
Debt to Equity History and Analysis
Debt Level: 8917 is debt free.
Reducing Debt: 8917 has not had any debt for past 5 years.
Debt Coverage: 8917 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 8917 has no debt, therefore coverage of interest payments is not a concern.