Audix Balance Sheet Health
Financial Health criteria checks 5/6
Audix has a total shareholder equity of NT$5.7B and total debt of NT$2.5B, which brings its debt-to-equity ratio to 44.5%. Its total assets and total liabilities are NT$10.0B and NT$4.4B respectively. Audix's EBIT is NT$730.0M making its interest coverage ratio -6.7. It has cash and short-term investments of NT$3.7B.
Key information
44.5%
Debt to equity ratio
NT$2.52b
Debt
| Interest coverage ratio | -6.7x |
| Cash | NT$3.67b |
| Equity | NT$5.67b |
| Total liabilities | NT$4.37b |
| Total assets | NT$10.05b |
Recent financial health updates
Audix (TPE:2459) Has A Rock Solid Balance Sheet
Mar 20
Audix (TPE:2459) Could Easily Take On More Debt
Nov 26
Recent updates
Audix (TPE:2459) Is Experiencing Growth In Returns On Capital
Apr 07Audix (TPE:2459) Has A Rock Solid Balance Sheet
Mar 20Is Audix Corporation (TPE:2459) A Smart Choice For Dividend Investors?
Mar 02Audix (TPE:2459) Has Gifted Shareholders With A Fantastic 103% Total Return On Their Investment
Feb 12Audix Corporation's (TPE:2459) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Jan 28Here's What Audix Corporation's (TPE:2459) Shareholder Ownership Structure Looks Like
Jan 13With EPS Growth And More, Audix (TPE:2459) Is Interesting
Jan 01Should You Rely On Audix's (TPE:2459) Earnings Growth?
Dec 20Will Audix's (TPE:2459) Growth In ROCE Persist?
Dec 08Audix (TPE:2459) Could Easily Take On More Debt
Nov 26Financial Position Analysis
Short Term Liabilities: 2459's short term assets (NT$6.6B) exceed its short term liabilities (NT$3.1B).
Long Term Liabilities: 2459's short term assets (NT$6.6B) exceed its long term liabilities (NT$1.2B).
Debt to Equity History and Analysis
Debt Level: 2459 has more cash than its total debt.
Reducing Debt: 2459's debt to equity ratio has increased from 41.6% to 44.5% over the past 5 years.
Debt Coverage: 2459's debt is well covered by operating cash flow (35.6%).
Interest Coverage: 2459 earns more interest than it pays, so coverage of interest payments is not a concern.