Action Electronics Co., Ltd.

TWSE:3024 Stock Report

Market Cap: NT$5.4b

Action Electronics Balance Sheet Health

Financial Health criteria checks 4/6

Action Electronics has a total shareholder equity of NT$2.9B and total debt of NT$1.5B, which brings its debt-to-equity ratio to 52.3%. Its total assets and total liabilities are NT$5.7B and NT$2.8B respectively. Action Electronics's EBIT is NT$108.6M making its interest coverage ratio -41.6. It has cash and short-term investments of NT$1.1B.

Key information

52.3%

Debt to equity ratio

NT$1.53b

Debt

Interest coverage ratio-41.6x
CashNT$1.08b
EquityNT$2.93b
Total liabilitiesNT$2.75b
Total assetsNT$5.68b

Recent financial health updates

Action Electronics (TPE:3024) Has A Pretty Healthy Balance Sheet

Mar 25
Action Electronics (TPE:3024) Has A Pretty Healthy Balance Sheet

Is Action Electronics (TPE:3024) A Risky Investment?

Dec 18
Is Action Electronics (TPE:3024) A Risky Investment?

Recent updates

Action Electronics' (TWSE:3024) Returns On Capital Are Heading Higher

Jul 30
Action Electronics' (TWSE:3024) Returns On Capital Are Heading Higher

Action Electronics (TPE:3024) Has A Pretty Healthy Balance Sheet

Mar 25
Action Electronics (TPE:3024) Has A Pretty Healthy Balance Sheet

Can Action Electronics (TPE:3024) Continue To Grow Its Returns On Capital?

Mar 08
Can Action Electronics (TPE:3024) Continue To Grow Its Returns On Capital?

Action Electronics (TPE:3024) Has Gifted Shareholders With A Fantastic 212% Total Return On Their Investment

Feb 17
Action Electronics (TPE:3024) Has Gifted Shareholders With A Fantastic 212% Total Return On Their Investment

Should Action Electronics Co., Ltd. (TPE:3024) Be Part Of Your Dividend Portfolio?

Feb 02
Should Action Electronics Co., Ltd. (TPE:3024) Be Part Of Your Dividend Portfolio?

Are Action Electronics's (TPE:3024) Statutory Earnings A Good Guide To Its Underlying Profitability?

Jan 18
Are Action Electronics's (TPE:3024) Statutory Earnings A Good Guide To Its Underlying Profitability?

Action Electronics Co., Ltd.'s (TPE:3024) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?

Jan 03
Action Electronics Co., Ltd.'s (TPE:3024) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?

Is Action Electronics (TPE:3024) A Risky Investment?

Dec 18
Is Action Electronics (TPE:3024) A Risky Investment?

Does Action Electronics (TPE:3024) Have The Makings Of A Multi-Bagger?

Dec 03
Does Action Electronics (TPE:3024) Have The Makings Of A Multi-Bagger?

Action Electronics (TPE:3024) Has Gifted Shareholders With A Fantastic 217% Total Return On Their Investment

Nov 18
Action Electronics (TPE:3024) Has Gifted Shareholders With A Fantastic 217% Total Return On Their Investment

Financial Position Analysis

Short Term Liabilities: 3024's short term assets (NT$3.6B) exceed its short term liabilities (NT$2.4B).

Long Term Liabilities: 3024's short term assets (NT$3.6B) exceed its long term liabilities (NT$367.7M).

Debt to Equity History and Analysis

Debt Level: 3024's net debt to equity ratio (15.5%) is considered satisfactory.

Reducing Debt: 3024's debt to equity ratio has increased from 22.4% to 52.3% over the past 5 years.

Debt Coverage: 3024's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 3024 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 16:42
End of Day Share Price 2024/12/23 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

Action Electronics Co., Ltd. is covered by 1 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
Grandeur LuiE.Sun Securities Investment Consulting Co. Ltd.