National Aerospace Fasteners Corporation

TWSE:3004 Stock Report

Market Cap: NT$4.7b

National Aerospace Fasteners Balance Sheet Health

Financial Health criteria checks 4/6

National Aerospace Fasteners has a total shareholder equity of NT$2.5B and total debt of NT$2.3B, which brings its debt-to-equity ratio to 91%. Its total assets and total liabilities are NT$5.8B and NT$3.3B respectively. National Aerospace Fasteners's EBIT is NT$419.0M making its interest coverage ratio 11.7. It has cash and short-term investments of NT$189.0M.

Key information

91.0%

Debt to equity ratio

NT$2.26b

Debt

Interest coverage ratio11.7x
CashNT$189.03m
EquityNT$2.48b
Total liabilitiesNT$3.33b
Total assetsNT$5.81b

Recent financial health updates

Recent updates

There Is A Reason National Aerospace Fasteners Corporation's (TWSE:3004) Price Is Undemanding

Aug 06
There Is A Reason National Aerospace Fasteners Corporation's (TWSE:3004) Price Is Undemanding

Does National Aerospace Fasteners (TWSE:3004) Have A Healthy Balance Sheet?

Apr 16
Does National Aerospace Fasteners (TWSE:3004) Have A Healthy Balance Sheet?

National Aerospace Fasteners (TWSE:3004) Is Paying Out A Larger Dividend Than Last Year

Mar 16
National Aerospace Fasteners (TWSE:3004) Is Paying Out A Larger Dividend Than Last Year

National Aerospace Fasteners' (TWSE:3004) Dividend Will Be Increased To NT$2.50

Mar 02
National Aerospace Fasteners' (TWSE:3004) Dividend Will Be Increased To NT$2.50

National Aerospace Fasteners' (TPE:3004) Returns On Capital Not Reflecting Well On The Business

Apr 25
National Aerospace Fasteners' (TPE:3004) Returns On Capital Not Reflecting Well On The Business

The National Aerospace Fasteners (TPE:3004) Share Price Has Gained 24% And Shareholders Are Hoping For More

Mar 02
The National Aerospace Fasteners (TPE:3004) Share Price Has Gained 24% And Shareholders Are Hoping For More

Should You Use National Aerospace Fasteners' (TPE:3004) Statutory Earnings To Analyse It?

Feb 04
Should You Use National Aerospace Fasteners' (TPE:3004) Statutory Earnings To Analyse It?

Is National Aerospace Fasteners (TPE:3004) A Risky Investment?

Jan 17
Is National Aerospace Fasteners (TPE:3004) A Risky Investment?

National Aerospace Fasteners Corporation (TPE:3004) Is Yielding 4.7% - But Is It A Buy?

Dec 29
National Aerospace Fasteners Corporation (TPE:3004) Is Yielding 4.7% - But Is It A Buy?

What Do The Returns On Capital At National Aerospace Fasteners (TPE:3004) Tell Us?

Dec 11
What Do The Returns On Capital At National Aerospace Fasteners (TPE:3004) Tell Us?

A Note On National Aerospace Fasteners Corporation's (TPE:3004) ROE and Debt To Equity

Nov 23
A Note On National Aerospace Fasteners Corporation's (TPE:3004) ROE and Debt To Equity

Financial Position Analysis

Short Term Liabilities: 3004's short term assets (NT$2.6B) exceed its short term liabilities (NT$1.5B).

Long Term Liabilities: 3004's short term assets (NT$2.6B) exceed its long term liabilities (NT$1.8B).


Debt to Equity History and Analysis

Debt Level: 3004's net debt to equity ratio (83.4%) is considered high.

Reducing Debt: 3004's debt to equity ratio has reduced from 127% to 91% over the past 5 years.

Debt Coverage: 3004's debt is not well covered by operating cash flow (7.3%).

Interest Coverage: 3004's interest payments on its debt are well covered by EBIT (11.7x coverage).


Balance Sheet


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