ASE Technology Holding Balance Sheet Health
Financial Health criteria checks 6/6
ASE Technology Holding has a total shareholder equity of NT$318.1B and total debt of NT$183.5B, which brings its debt-to-equity ratio to 57.7%. Its total assets and total liabilities are NT$666.6B and NT$348.5B respectively. ASE Technology Holding's EBIT is NT$40.3B making its interest coverage ratio 8.5. It has cash and short-term investments of NT$67.3B.
Key information
57.7%
Debt to equity ratio
NT$183.51b
Debt
Interest coverage ratio | 8.5x |
Cash | NT$67.28b |
Equity | NT$318.11b |
Total liabilities | NT$348.47b |
Total assets | NT$666.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASEH N's short term assets (NT$261.3B) exceed its short term liabilities (NT$222.3B).
Long Term Liabilities: ASEH N's short term assets (NT$261.3B) exceed its long term liabilities (NT$126.1B).
Debt to Equity History and Analysis
Debt Level: ASEH N's net debt to equity ratio (36.5%) is considered satisfactory.
Reducing Debt: ASEH N's debt to equity ratio has reduced from 89.8% to 57.7% over the past 5 years.
Debt Coverage: ASEH N's debt is well covered by operating cash flow (62.4%).
Interest Coverage: ASEH N's interest payments on its debt are well covered by EBIT (8.5x coverage).