Ping Ho Environmental Technology Balance Sheet Health
Financial Health criteria checks 6/6
Ping Ho Environmental Technology has a total shareholder equity of NT$810.5M and total debt of NT$459.6M, which brings its debt-to-equity ratio to 56.7%. Its total assets and total liabilities are NT$1.4B and NT$579.0M respectively. Ping Ho Environmental Technology's EBIT is NT$171.2M making its interest coverage ratio 19.9. It has cash and short-term investments of NT$310.7M.
Key information
56.7%
Debt to equity ratio
NT$459.62m
Debt
| Interest coverage ratio | 19.9x |
| Cash | NT$310.74m |
| Equity | NT$810.54m |
| Total liabilities | NT$578.98m |
| Total assets | NT$1.39b |
Recent financial health updates
No updates
Recent updates
Calculating The Fair Value Of Ping Ho Environmental Technology Company Co., Ltd. (GTSM:6771)
Mar 05
Returns 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 12
Estimating 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$471.7M) exceed its short term liabilities (NT$338.1M).
Long Term Liabilities: 6771's short term assets (NT$471.7M) exceed its long term liabilities (NT$240.8M).
Debt to Equity History and Analysis
Debt Level: 6771's net debt to equity ratio (18.4%) is considered satisfactory.
Reducing Debt: 6771's debt to equity ratio has reduced from 102.3% to 56.7% over the past 5 years.
Debt Coverage: 6771's debt is well covered by operating cash flow (38%).
Interest Coverage: 6771's interest payments on its debt are well covered by EBIT (19.9x coverage).