Action Electronics Balance Sheet Health
Financial Health criteria checks 4/6
Action Electronics has a total shareholder equity of NT$2.8B and total debt of NT$1.2B, which brings its debt-to-equity ratio to 43.5%. Its total assets and total liabilities are NT$5.2B and NT$2.3B respectively. Action Electronics's EBIT is NT$106.2M making its interest coverage ratio -14. It has cash and short-term investments of NT$978.5M.
Key information
43.5%
Debt to equity ratio
NT$1.22b
Debt
| Interest coverage ratio | -14x |
| Cash | NT$978.51m |
| Equity | NT$2.81b |
| Total liabilities | NT$2.34b |
| Total assets | NT$5.16b |
Recent financial health updates
Action Electronics (TPE:3024) Has A Pretty Healthy Balance Sheet
Mar 25
Is Action Electronics (TPE:3024) A Risky Investment?
Dec 18
Recent updates
Action Electronics (TPE:3024) Has A Pretty Healthy Balance Sheet
Mar 25Can Action Electronics (TPE:3024) Continue To Grow Its Returns On Capital?
Mar 08Action Electronics (TPE:3024) Has Gifted Shareholders With A Fantastic 212% Total Return On Their Investment
Feb 17Should Action Electronics Co., Ltd. (TPE:3024) Be Part Of Your Dividend Portfolio?
Feb 02Are Action Electronics's (TPE:3024) Statutory Earnings A Good Guide To Its Underlying Profitability?
Jan 18Action Electronics Co., Ltd.'s (TPE:3024) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Jan 03Is Action Electronics (TPE:3024) A Risky Investment?
Dec 18Does Action Electronics (TPE:3024) Have The Makings Of A Multi-Bagger?
Dec 03Action Electronics (TPE:3024) Has Gifted Shareholders With A Fantastic 217% Total Return On Their Investment
Nov 18Financial Position Analysis
Short Term Liabilities: 3024's short term assets (NT$2.9B) exceed its short term liabilities (NT$2.0B).
Long Term Liabilities: 3024's short term assets (NT$2.9B) exceed its long term liabilities (NT$314.1M).
Debt to Equity History and Analysis
Debt Level: 3024's net debt to equity ratio (8.7%) is considered satisfactory.
Reducing Debt: 3024's debt to equity ratio has increased from 30% to 43.5% over the past 5 years.
Debt Coverage: 3024's debt is not well covered by operating cash flow (0.07%).
Interest Coverage: 3024 earns more interest than it pays, so coverage of interest payments is not a concern.