ASE Technology Holding Balance Sheet Health
Financial Health criteria checks 6/6
ASE Technology Holding has a total shareholder equity of NT$312.2B and total debt of NT$187.1B, which brings its debt-to-equity ratio to 59.9%. Its total assets and total liabilities are NT$681.5B and NT$369.3B respectively. ASE Technology Holding's EBIT is NT$40.2B making its interest coverage ratio -24.3. It has cash and short-term investments of NT$75.1B.
Key information
59.9%
Debt to equity ratio
NT$187.15b
Debt
| Interest coverage ratio | -24.3x |
| Cash | NT$75.11b |
| Equity | NT$312.17b |
| Total liabilities | NT$369.30b |
| Total assets | NT$681.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2DQ's short term assets (NT$273.0B) exceed its short term liabilities (NT$229.0B).
Long Term Liabilities: 2DQ's short term assets (NT$273.0B) exceed its long term liabilities (NT$140.3B).
Debt to Equity History and Analysis
Debt Level: 2DQ's net debt to equity ratio (35.9%) is considered satisfactory.
Reducing Debt: 2DQ's debt to equity ratio has reduced from 86.5% to 59.9% over the past 5 years.
Debt Coverage: 2DQ's debt is well covered by operating cash flow (53.6%).
Interest Coverage: 2DQ earns more interest than it pays, so coverage of interest payments is not a concern.