Ability Enterprise Co., Ltd.

TWSE:2374 Stock Report

Market Cap: NT$20.3b

Ability Enterprise Balance Sheet Health

Financial Health criteria checks 6/6

Ability Enterprise has a total shareholder equity of NT$7.1B and total debt of NT$342.9M, which brings its debt-to-equity ratio to 4.8%. Its total assets and total liabilities are NT$9.7B and NT$2.6B respectively. Ability Enterprise's EBIT is NT$386.5M making its interest coverage ratio -3.6. It has cash and short-term investments of NT$2.4B.

Key information

4.8%

Debt to equity ratio

NT$342.86m

Debt

Interest coverage ratio-3.6x
CashNT$2.40b
EquityNT$7.14b
Total liabilitiesNT$2.57b
Total assetsNT$9.71b

Recent financial health updates

Ability Enterprise (TWSE:2374) Has A Rock Solid Balance Sheet

Sep 10
Ability Enterprise (TWSE:2374) Has A Rock Solid Balance Sheet

Is Ability Enterprise (TPE:2374) Using Debt Sensibly?

Feb 04
Is Ability Enterprise (TPE:2374) Using Debt Sensibly?

Recent updates

Optimistic Investors Push Ability Enterprise Co., Ltd. (TWSE:2374) Shares Up 30% But Growth Is Lacking

Dec 19
Optimistic Investors Push Ability Enterprise Co., Ltd. (TWSE:2374) Shares Up 30% But Growth Is Lacking

Ability Enterprise (TWSE:2374) Has A Rock Solid Balance Sheet

Sep 10
Ability Enterprise (TWSE:2374) Has A Rock Solid Balance Sheet

Ability Enterprise's (TWSE:2374) Dividend Will Be Increased To NT$0.9001

Jul 05
Ability Enterprise's (TWSE:2374) Dividend Will Be Increased To NT$0.9001

Ability Enterprise's (TWSE:2374) Returns On Capital Are Heading Higher

Jun 13
Ability Enterprise's (TWSE:2374) Returns On Capital Are Heading Higher

Ability Enterprise Co., Ltd.'s (TWSE:2374) 59% Share Price Surge Not Quite Adding Up

May 23
Ability Enterprise Co., Ltd.'s (TWSE:2374) 59% Share Price Surge Not Quite Adding Up

Optimistic Investors Push Ability Enterprise Co., Ltd. (TWSE:2374) Shares Up 28% But Growth Is Lacking

Apr 08
Optimistic Investors Push Ability Enterprise Co., Ltd. (TWSE:2374) Shares Up 28% But Growth Is Lacking

Does Ability Enterprise Co., Ltd. (TPE:2374) Have A Place In Your Dividend Stock Portfolio?

Mar 11
Does Ability Enterprise Co., Ltd. (TPE:2374) Have A Place In Your Dividend Stock Portfolio?

Is Ability Enterprise (TPE:2374) Using Debt Sensibly?

Feb 04
Is Ability Enterprise (TPE:2374) Using Debt Sensibly?

A Look At Ability Enterprise's (TPE:2374) Share Price Returns

Dec 29
A Look At Ability Enterprise's (TPE:2374) Share Price Returns

Are Dividend Investors Getting More Than They Bargained For With Ability Enterprise Co., Ltd.'s (TPE:2374) Dividend?

Nov 24
Are Dividend Investors Getting More Than They Bargained For With Ability Enterprise Co., Ltd.'s (TPE:2374) Dividend?

Financial Position Analysis

Short Term Liabilities: 2374's short term assets (NT$4.5B) exceed its short term liabilities (NT$2.5B).

Long Term Liabilities: 2374's short term assets (NT$4.5B) exceed its long term liabilities (NT$68.7M).

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 12.1% to 4.8% over the past 5 years.

Debt Coverage: 2374's debt is well covered by operating cash flow (177.7%).

Interest Coverage: 2374 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

Discover healthy companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 08:15
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Ability Enterprise Co., Ltd. is covered by 5 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.

AnalystInstitution
Jianzhang SuE.Sun Securities Investment Consulting Co. Ltd.
John ChenIBTS Investment Consulting Co., Ltd.
Dewei TsengJih Sun Securities Investment Consulting Co., Ltd.