AirTAC International Group Balance Sheet Health
Financial Health criteria checks 6/6
AirTAC International Group has a total shareholder equity of NT$42.6B and total debt of NT$11.4B, which brings its debt-to-equity ratio to 26.7%. Its total assets and total liabilities are NT$58.0B and NT$15.5B respectively. AirTAC International Group's EBIT is NT$8.8B making its interest coverage ratio 151.6. It has cash and short-term investments of NT$10.1B.
Key information
26.7%
Debt to equity ratio
NT$11.38b
Debt
| Interest coverage ratio | 151.6x |
| Cash | NT$10.06b |
| Equity | NT$42.60b |
| Total liabilities | NT$15.45b |
| Total assets | NT$58.05b |
Recent financial health updates
Recent updates
AirTAC International Group (TWSE:1590) Is Reinvesting To Multiply In Value
Mar 28
Earnings Update: AirTAC International Group (TWSE:1590) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts
Mar 17Is Now An Opportune Moment To Examine AirTAC International Group (TWSE:1590)?
Mar 11AirTAC International Group's (TWSE:1590) P/E Is On The Mark
Feb 26Earnings Beat: AirTAC International Group Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
May 01We Like AirTAC International Group's (TPE:1590) Returns And Here's How They're Trending
Apr 06Here's Why I Think AirTAC International Group (TPE:1590) Might Deserve Your Attention Today
Mar 13Did You Participate In Any Of AirTAC International Group's (TPE:1590) Incredible 476% Return?
Mar 01Is There Now An Opportunity In AirTAC International Group (TPE:1590)?
Feb 16
Is AirTAC International Group (TPE:1590) Worth NT$1.0k Based On Its Intrinsic Value?
Feb 03Does AirTAC International Group (TPE:1590) Have A Healthy Balance Sheet?
Jan 21Is AirTAC International Group's(TPE:1590) Recent Stock Performance Tethered To Its Strong Fundamentals?
Jan 06Do Institutions Own AirTAC International Group (TPE:1590) Shares?
Dec 22Returns On Capital - An Important Metric For AirTAC International Group (TPE:1590)
Dec 07Shareholders of AirTAC International Group (TPE:1590) Must Be Delighted With Their 507% Total Return
Nov 22Financial Position Analysis
Short Term Liabilities: 1590's short term assets (NT$26.8B) exceed its short term liabilities (NT$14.8B).
Long Term Liabilities: 1590's short term assets (NT$26.8B) exceed its long term liabilities (NT$640.0M).
Debt to Equity History and Analysis
Debt Level: 1590's net debt to equity ratio (3.1%) is considered satisfactory.
Reducing Debt: 1590's debt to equity ratio has reduced from 88.8% to 26.7% over the past 5 years.
Debt Coverage: 1590's debt is well covered by operating cash flow (79.5%).
Interest Coverage: 1590's interest payments on its debt are well covered by EBIT (151.6x coverage).