Aerospace Industrial Development Balance Sheet Health
Financial Health criteria checks 5/6
Aerospace Industrial Development has a total shareholder equity of NT$17.1B and total debt of NT$14.4B, which brings its debt-to-equity ratio to 84.2%. Its total assets and total liabilities are NT$43.9B and NT$26.8B respectively. Aerospace Industrial Development's EBIT is NT$2.8B making its interest coverage ratio 14.4. It has cash and short-term investments of NT$4.6B.
Key information
84.2%
Debt to equity ratio
NT$14.39b
Debt
| Interest coverage ratio | 14.4x |
| Cash | NT$4.65b |
| Equity | NT$17.10b |
| Total liabilities | NT$26.76b |
| Total assets | NT$43.86b |
Recent financial health updates
These 4 Measures Indicate That Aerospace Industrial Development (TWSE:2634) Is Using Debt Reasonably Well
Mar 24
Is Aerospace Industrial Development (TPE:2634) Using Too Much Debt?
Jan 11
Recent updates
These 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$30.4B) exceed its short term liabilities (NT$20.4B).
Long Term Liabilities: 2634's short term assets (NT$30.4B) exceed its long term liabilities (NT$6.3B).
Debt to Equity History and Analysis
Debt Level: 2634's net debt to equity ratio (57%) is considered high.
Reducing Debt: 2634's debt to equity ratio has reduced from 129.9% to 84.2% over the past 5 years.
Debt Coverage: 2634's debt is well covered by operating cash flow (26.9%).
Interest Coverage: 2634's interest payments on its debt are well covered by EBIT (14.4x coverage).