Aerospace Industrial Development Balance Sheet Health
Financial Health criteria checks 5/6
Aerospace Industrial Development has a total shareholder equity of NT$17.4B and total debt of NT$20.8B, which brings its debt-to-equity ratio to 119.4%. Its total assets and total liabilities are NT$49.7B and NT$32.3B respectively. Aerospace Industrial Development's EBIT is NT$2.5B making its interest coverage ratio 16.3. It has cash and short-term investments of NT$1.7B.
Key information
119.4%
Debt to equity ratio
NT$20.80b
Debt
| Interest coverage ratio | 16.3x |
| Cash | NT$1.71b |
| Equity | NT$17.43b |
| Total liabilities | NT$32.31b |
| Total assets | NT$49.74b |
Recent financial health updates
We Think Aerospace Industrial Development (TWSE:2634) Can Stay On Top Of Its Debt
Oct 13
These 4 Measures Indicate That Aerospace Industrial Development (TWSE:2634) Is Using Debt Reasonably Well
Mar 24Is Aerospace Industrial Development (TPE:2634) Using Too Much Debt?
Jan 11
Recent updates
Aerospace Industrial Development Corporation's (TWSE:2634) Subdued P/E Might Signal An Opportunity
Nov 07We Think Aerospace Industrial Development (TWSE:2634) Can Stay On Top Of Its Debt
Oct 13Aerospace Industrial Development Corporation (TWSE:2634) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates
Aug 14Improved Earnings Required Before Aerospace Industrial Development Corporation (TWSE:2634) Shares Find Their Feet
Aug 04Aerospace Industrial Development (TWSE:2634) Is Increasing Its Dividend To NT$1.42
Jun 27Aerospace Industrial Development (TWSE:2634) Is Increasing Its Dividend To NT$1.42
Jun 13These 4 Measures Indicate That Aerospace Industrial Development (TWSE:2634) Is Using Debt Reasonably Well
Mar 24Investors Could Be Concerned With Aerospace Industrial Development's (TWSE:2634) Returns On Capital
Mar 08There May Be Reason For Hope In Aerospace Industrial Development's (TPE:2634) Disappointing Earnings
Apr 12We're Watching These Trends At Aerospace Industrial Development (TPE:2634)
Mar 13Is Aerospace Industrial Development Corporation's (TPE:2634) ROE Of 5.2% Impressive?
Feb 25What Is The Ownership Structure Like For Aerospace Industrial Development Corporation (TPE:2634)?
Feb 10Consider This Before Buying Aerospace Industrial Development Corporation (TPE:2634) For The 4.3% Dividend
Jan 26Is Aerospace Industrial Development (TPE:2634) Using Too Much Debt?
Jan 11Aerospace Industrial Development (TPE:2634) Share Prices Have Dropped 26% In The Last Five Years
Dec 27Should You Be Impressed By Aerospace Industrial Development's (TPE:2634) Returns on Capital?
Dec 12Should We Be Cautious About Aerospace Industrial Development Corporation's (TPE:2634) ROE Of 5.2%?
Nov 27Financial Position Analysis
Short Term Liabilities: 2634's short term assets (NT$36.3B) exceed its short term liabilities (NT$26.7B).
Long Term Liabilities: 2634's short term assets (NT$36.3B) exceed its long term liabilities (NT$5.6B).
Debt to Equity History and Analysis
Debt Level: 2634's net debt to equity ratio (109.5%) is considered high.
Reducing Debt: 2634's debt to equity ratio has reduced from 155.5% to 119.4% over the past 5 years.
Debt Coverage: 2634's debt is well covered by operating cash flow (23.1%).
Interest Coverage: 2634's interest payments on its debt are well covered by EBIT (16.3x coverage).