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$3.1B.
Key information
119.4%
Debt to equity ratio
NT$20.80b
Debt
| Interest coverage ratio | 16.3x |
| Cash | NT$3.11b |
| 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 (101.5%) 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 00:15 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Aerospace Industrial Development Corporation is covered by 11 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jianhong Wu | Capital Securities Corporation |
| null null | Capital Securities Corporation |
| Keng-Yu Shih | CL Securities Taiwan Company Limited |