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 -3.8. 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	-3.8x
Cash	NT$2.40b
Equity	NT$7.14b
Total liabilities	NT$2.57b
Total assets	NT$9.71b

Recent financial health updates

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

Sep 10

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

Feb 04

Recent updates

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

May 23

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

Apr 08

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

Mar 11

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

Feb 04

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

Dec 29

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

Nov 24

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.

Ability Enterprise Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

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

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

Recent updates

Third quarter 2024 earnings released: EPS: NT$0.48 (vs NT$0.84 in 3Q 2023)

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

Second quarter 2024 earnings released: EPS: NT$0.51 (vs NT$0.21 in 2Q 2023)

Ability Enterprise Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024

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

Dividend increased to NT$0.90

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

Investor sentiment improves as stock rises 36%

First quarter 2024 earnings released: EPS: NT$0.53 (vs NT$0.23 loss in 1Q 2023)

Ability Enterprise Co., Ltd. to Report Q1, 2024 Results on May 10, 2024

Investor sentiment improves as stock rises 31%

New minor risk - Share price stability

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

Investor sentiment improves as stock rises 22%

Full year 2023 earnings released: EPS: NT$0.96 (vs NT$0.48 in FY 2022)

Ability Enterprise Co., Ltd., Annual General Meeting, Jun 20, 2024

New minor risk - Earnings quality

New minor risk - Share price stability

Investor sentiment improves as stock rises 15%

Second quarter 2023 earnings released: EPS: NT$0.21 (vs NT$0.11 in 2Q 2022)

Upcoming dividend of NT$0.45 per share at 2.3% yield

Ability Enterprise Co., Ltd. Approves Dividend

Full year 2022 earnings released: EPS: NT$0.48 (vs NT$2.42 in FY 2021)

Third quarter 2022 earnings released: EPS: NT$0.60 (vs NT$0.086 in 3Q 2021)

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: NT$0.60 (vs NT$0.086 in 3Q 2021)

Second quarter 2022 earnings released: EPS: NT$0.11 (vs NT$2.80 in 2Q 2021)

Upcoming dividend of NT$1.00 per share

Ability Enterprise Co., Ltd. Approves Dividend

First quarter 2022 earnings released: NT$0.08 loss per share (vs NT$0.42 loss in 1Q 2021)

Less than half of directors are independent

Full year 2021 earnings released: EPS: NT$2.42 (vs NT$1.63 loss in FY 2020)

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS NT$0.09 (vs NT$0.33 loss in 3Q 2020)

Investor sentiment improved over the past week

Upcoming dividend of NT$0.49 per share

Second quarter 2021 earnings released: EPS NT$2.80 (vs NT$0.42 loss in 2Q 2020)

First quarter 2021 earnings released: NT$0.43 loss per share (vs NT$0.68 loss in 1Q 2020)

Full year 2020 earnings released: NT$1.63 loss per share (vs NT$1.41 loss in FY 2019)

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

VSBLTY Groupe Technologies Corp. and Ability Enterprise Co., Ltd. Announce Co-Develop First-Of-Its-Kind High Resolution Camera

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

New 90-day high: NT$15.75

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?

Third quarter 2020 earnings released: NT$0.33 loss per share

New 90-day high: NT$13.45

First half earnings released

Upcoming Dividend of NT$0.30 Per Share

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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