Asia Cement Balance Sheet Health
Financial Health criteria checks 6/6
Asia Cement has a total shareholder equity of NT$200.7B and total debt of NT$101.5B, which brings its debt-to-equity ratio to 50.6%. Its total assets and total liabilities are NT$328.8B and NT$128.1B respectively. Asia Cement's EBIT is NT$6.2B making its interest coverage ratio -12.2. It has cash and short-term investments of NT$91.0B.
Key information
50.6%
Debt to equity ratio
NT$101.48b
Debt
Interest coverage ratio | -12.2x |
Cash | NT$91.01b |
Equity | NT$200.74b |
Total liabilities | NT$128.05b |
Total assets | NT$328.79b |
Recent financial health updates
Here's Why Asia Cement (TWSE:1102) Can Manage Its Debt Responsibly
Jun 14Asia Cement (TPE:1102) Seems To Use Debt Quite Sensibly
Feb 02Recent updates
Asia Cement's (TWSE:1102) Profits Appear To Have Quality Issues
Nov 21Asia Cement Corporation Just Missed EPS By 32%: Here's What Analysts Think Will Happen Next
Nov 17Asia Cement (TWSE:1102) Is Finding It Tricky To Allocate Its Capital
Nov 05Lacklustre Performance Is Driving Asia Cement Corporation's (TWSE:1102) Low P/E
Sep 26Asia Cement (TWSE:1102) Could Be Struggling To Allocate Capital
Jul 29Asia Cement's (TWSE:1102) Dividend Will Be Reduced To NT$2.10
Jun 27Here's Why Asia Cement (TWSE:1102) Can Manage Its Debt Responsibly
Jun 14There's No Escaping Asia Cement Corporation's (TWSE:1102) Muted Earnings
May 22Asia Cement (TWSE:1102) Could Be At Risk Of Shrinking As A Company
Apr 09Why Asia Cement's (TWSE:1102) Shaky Earnings Are Just The Beginning Of Its Problems
Mar 22Asia Cement Corporation (TWSE:1102) Just Released Its Yearly Results And Analysts Are Updating Their Estimates
Mar 19Are Investors Undervaluing Asia Cement Corporation (TPE:1102) By 34%?
Apr 01Should Asia Cement Corporation (TPE:1102) Be Part Of Your Dividend Portfolio?
Mar 17Will The ROCE Trend At Asia Cement (TPE:1102) Continue?
Mar 02Shareholders Of Asia Cement (TPE:1102) Must Be Happy With Their 75% Return
Feb 15Asia Cement (TPE:1102) Seems To Use Debt Quite Sensibly
Feb 02What Type Of Shareholders Make Up Asia Cement Corporation's (TPE:1102) Share Registry?
Jan 20Asia Cement Corporation's (TPE:1102) Stock Has Fared Decently: Is the Market Following Strong Financials?
Jan 07Are Asia Cement's (TPE:1102) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 25How Does Asia Cement Corporation (TPE:1102) Fare As A Dividend Stock?
Dec 12What Do The Returns At Asia Cement (TPE:1102) Mean Going Forward?
Nov 29Financial Position Analysis
Short Term Liabilities: 1102's short term assets (NT$113.4B) exceed its short term liabilities (NT$77.5B).
Long Term Liabilities: 1102's short term assets (NT$113.4B) exceed its long term liabilities (NT$50.5B).
Debt to Equity History and Analysis
Debt Level: 1102's net debt to equity ratio (5.2%) is considered satisfactory.
Reducing Debt: 1102's debt to equity ratio has reduced from 59.9% to 50.6% over the past 5 years.
Debt Coverage: 1102's debt is well covered by operating cash flow (22.6%).
Interest Coverage: 1102 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
Data | Last Updated (UTC time) |
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Company Analysis | 2024/12/23 15:35 |
End of Day Share Price | 2024/12/23 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
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.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* 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
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Industry and Sector Metrics
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Analyst Sources
Asia Cement Corporation is covered by 23 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
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Jenny Tsai | BNP Paribas Securities (Asia) |
Shuai Wang | BofA Global Research |
Yayue Hsueh | Capital Securities Corporation |