Ace Pillar Balance Sheet Health
Financial Health criteria checks 5/6
Ace Pillar has a total shareholder equity of NT$2.7B and total debt of NT$1.1B, which brings its debt-to-equity ratio to 40.3%. Its total assets and total liabilities are NT$5.2B and NT$2.5B respectively. Ace Pillar's EBIT is NT$50.9M making its interest coverage ratio 9.9. It has cash and short-term investments of NT$996.1M.
Key information
40.3%
Debt to equity ratio
NT$1.10b
Debt
| Interest coverage ratio | 9.9x |
| Cash | NT$996.07m |
| Equity | NT$2.72b |
| Total liabilities | NT$2.47b |
| Total assets | NT$5.19b |
Recent financial health updates
Does Ace Pillar (TPE:8374) Have A Healthy Balance Sheet?
Mar 26
We Think Ace Pillar (TPE:8374) Can Manage Its Debt With Ease
Nov 18Recent updates
Ace Pillar Co., Ltd.'s (TWSE:8374) 61% Share Price Surge Not Quite Adding Up
Jul 26Optimistic Investors Push Ace Pillar Co., Ltd. (TWSE:8374) Shares Up 33% But Growth Is Lacking
May 24Does Ace Pillar Co., Ltd. (TPE:8374) Have A Place In Your Dividend Portfolio?
Apr 16Does Ace Pillar (TPE:8374) Have A Healthy Balance Sheet?
Mar 26Did Business Growth Power Ace Pillar's (TPE:8374) Share Price Gain of 174%?
Feb 12
Can Ace Pillar (TPE:8374) Continue To Grow Its Returns On Capital?
Jan 14Ace Pillar Co., Ltd.'s (TPE:8374) Stock Is Going Strong: Have Financials A Role To Play?
Dec 16We Think Ace Pillar (TPE:8374) Can Manage Its Debt With Ease
Nov 18Financial Position Analysis
Short Term Liabilities: 8374's short term assets (NT$3.0B) exceed its short term liabilities (NT$1.8B).
Long Term Liabilities: 8374's short term assets (NT$3.0B) exceed its long term liabilities (NT$631.5M).
Debt to Equity History and Analysis
Debt Level: 8374's net debt to equity ratio (3.7%) is considered satisfactory.
Reducing Debt: 8374's debt to equity ratio has increased from 27.7% to 40.3% over the past 5 years.
Debt Coverage: 8374's debt is well covered by operating cash flow (27.6%).
Interest Coverage: 8374's interest payments on its debt are well covered by EBIT (9.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 22:36 |
| End of Day Share Price | 2024/12/30 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
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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
Ace Pillar Co., Ltd. is covered by 2 analysts. 0 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 |
|---|---|
| Iris Lin | SinoPac Securities Investment Service |
| Swarupa Kulkarni | Virtua Research Inc. |