Axis Balance Sheet Health
Financial Health criteria checks 5/6
Axis has a total shareholder equity of NT$1.2B and total debt of NT$805.5M, which brings its debt-to-equity ratio to 65.5%. Its total assets and total liabilities are NT$2.5B and NT$1.3B respectively. Axis's EBIT is NT$121.7M making its interest coverage ratio -2.7. It has cash and short-term investments of NT$1.5B.
Key information
65.5%
Debt to equity ratio
NT$805.50m
Debt
| Interest coverage ratio | -2.7x |
| Cash | NT$1.53b |
| Equity | NT$1.23b |
| Total liabilities | NT$1.26b |
| Total assets | NT$2.49b |
Recent financial health updates
Axis (GTSM:6292) Seems To Use Debt Rather Sparingly
Feb 23
Axis (GTSM:6292) Seems To Use Debt Rather Sparingly
Nov 19
Recent updates
Axis Corporation (GTSM:6292) Investors Should Think About This Before Buying It For Its Dividend
Mar 31The Trends At Axis (GTSM:6292) That You Should Know About
Mar 11Axis (GTSM:6292) Seems To Use Debt Rather Sparingly
Feb 23Is Axis Corporation's (GTSM:6292) Recent Stock Performance Influenced By Its Financials In Any Way?
Feb 08Estimating The Intrinsic Value Of Axis Corporation (GTSM:6292)
Jan 26Axis (GTSM:6292) Has Gifted Shareholders With A Fantastic 103% Total Return On Their Investment
Jan 12Know This Before Buying Axis Corporation (GTSM:6292) For Its Dividend
Dec 30We're Not Counting On Axis (GTSM:6292) To Sustain Its Statutory Profitability
Dec 17Should We Be Excited About The Trends Of Returns At Axis (GTSM:6292)?
Dec 04Axis (GTSM:6292) Seems To Use Debt Rather Sparingly
Nov 19Financial Position Analysis
Short Term Liabilities: 6292's short term assets (NT$2.1B) exceed its short term liabilities (NT$1.1B).
Long Term Liabilities: 6292's short term assets (NT$2.1B) exceed its long term liabilities (NT$153.0M).
Debt to Equity History and Analysis
Debt Level: 6292 has more cash than its total debt.
Reducing Debt: 6292's debt to equity ratio has increased from 29.5% to 65.5% over the past 5 years.
Debt Coverage: 6292's debt is well covered by operating cash flow (48.1%).
Interest Coverage: 6292 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 23:10 |
| End of Day Share Price | 2024/12/25 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Axis Corporation is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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