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).