National Aerospace Fasteners Balance Sheet Health
Financial Health criteria checks 4/6
National Aerospace Fasteners has a total shareholder equity of NT$2.4B and total debt of NT$2.0B, which brings its debt-to-equity ratio to 85.6%. Its total assets and total liabilities are NT$5.6B and NT$3.2B respectively. National Aerospace Fasteners's EBIT is NT$375.9M making its interest coverage ratio 11.4. It has cash and short-term investments of NT$273.5M.
Key information
85.6%
Debt to equity ratio
NT$2.01b
Debt
| Interest coverage ratio | 11.4x |
| Cash | NT$273.51m |
| Equity | NT$2.35b |
| Total liabilities | NT$3.21b |
| Total assets | NT$5.57b |
Recent financial health updates
Does National Aerospace Fasteners (TWSE:3004) Have A Healthy Balance Sheet?
Apr 16
Is National Aerospace Fasteners (TPE:3004) A Risky Investment?
Jan 17
Recent updates
Does National Aerospace Fasteners (TWSE:3004) Have A Healthy Balance Sheet?
Apr 16National Aerospace Fasteners (TWSE:3004) Is Paying Out A Larger Dividend Than Last Year
Mar 16National Aerospace Fasteners' (TWSE:3004) Dividend Will Be Increased To NT$2.50
Mar 02National Aerospace Fasteners' (TPE:3004) Returns On Capital Not Reflecting Well On The Business
Apr 25The National Aerospace Fasteners (TPE:3004) Share Price Has Gained 24% And Shareholders Are Hoping For More
Mar 02Should You Use National Aerospace Fasteners' (TPE:3004) Statutory Earnings To Analyse It?
Feb 04Is National Aerospace Fasteners (TPE:3004) A Risky Investment?
Jan 17National Aerospace Fasteners Corporation (TPE:3004) Is Yielding 4.7% - But Is It A Buy?
Dec 29What Do The Returns On Capital At National Aerospace Fasteners (TPE:3004) Tell Us?
Dec 11A Note On National Aerospace Fasteners Corporation's (TPE:3004) ROE and Debt To Equity
Nov 23Financial Position Analysis
Short Term Liabilities: 3004's short term assets (NT$2.6B) exceed its short term liabilities (NT$1.8B).
Long Term Liabilities: 3004's short term assets (NT$2.6B) exceed its long term liabilities (NT$1.4B).
Debt to Equity History and Analysis
Debt Level: 3004's net debt to equity ratio (74%) is considered high.
Reducing Debt: 3004's debt to equity ratio has reduced from 123.6% to 85.6% over the past 5 years.
Debt Coverage: 3004's debt is not well covered by operating cash flow (9.8%).
Interest Coverage: 3004's interest payments on its debt are well covered by EBIT (11.4x coverage).