Axis Balance Sheet Health
Financial Health criteria checks 5/6
Axis has a total shareholder equity of NT$1.4B and total debt of NT$916.5M, which brings its debt-to-equity ratio to 67%. Its total assets and total liabilities are NT$2.7B and NT$1.4B respectively. Axis's EBIT is NT$146.0M making its interest coverage ratio -3.7. It has cash and short-term investments of NT$1.9B.
Key information
67.0%
Debt to equity ratio
NT$916.50m
Debt
| Interest coverage ratio | -3.7x |
| Cash | NT$1.89b |
| Equity | NT$1.37b |
| Total liabilities | NT$1.36b |
| Total assets | NT$2.73b |
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$2.4B) exceed its short term liabilities (NT$1.2B).
Long Term Liabilities: 6292's short term assets (NT$2.4B) exceed its long term liabilities (NT$126.4M).
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 23.7% to 67% over the past 5 years.
Debt Coverage: 6292's debt is well covered by operating cash flow (20.9%).
Interest Coverage: 6292 earns more interest than it pays, so coverage of interest payments is not a concern.