Ability Enterprise Balance Sheet Health
Financial Health criteria checks 6/6
Ability Enterprise has a total shareholder equity of NT$6.9B and total debt of NT$386.8M, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are NT$9.2B and NT$2.3B respectively. Ability Enterprise's EBIT is NT$229.2M making its interest coverage ratio -1.9. It has cash and short-term investments of NT$2.7B.
Key information
5.6%
Debt to equity ratio
NT$386.81m
Debt
| Interest coverage ratio | -1.9x |
| Cash | NT$2.74b |
| Equity | NT$6.93b |
| Total liabilities | NT$2.29b |
| Total assets | NT$9.22b |
Recent financial health updates
Recent updates
Ability Enterprise's (TWSE:2374) Returns On Capital Are Heading Higher
Jun 13
Ability Enterprise Co., Ltd.'s (TWSE:2374) 59% Share Price Surge Not Quite Adding Up
May 23Optimistic Investors Push Ability Enterprise Co., Ltd. (TWSE:2374) Shares Up 28% But Growth Is Lacking
Apr 08Does Ability Enterprise Co., Ltd. (TPE:2374) Have A Place In Your Dividend Stock Portfolio?
Mar 11Is Ability Enterprise (TPE:2374) Using Debt Sensibly?
Feb 04
A Look At Ability Enterprise's (TPE:2374) Share Price Returns
Dec 29Are Dividend Investors Getting More Than They Bargained For With Ability Enterprise Co., Ltd.'s (TPE:2374) Dividend?
Nov 24Financial Position Analysis
Short Term Liabilities: 2374's short term assets (NT$4.5B) exceed its short term liabilities (NT$2.2B).
Long Term Liabilities: 2374's short term assets (NT$4.5B) exceed its long term liabilities (NT$78.1M).
Debt to Equity History and Analysis
Debt Level: 2374 has more cash than its total debt.
Reducing Debt: 2374's debt to equity ratio has reduced from 6.1% to 5.6% over the past 5 years.
Debt Coverage: 2374's debt is well covered by operating cash flow (217.8%).
Interest Coverage: 2374 earns more interest than it pays, so coverage of interest payments is not a concern.