Ascent Development Balance Sheet Health
Financial Health criteria checks 3/6
Ascent Development has a total shareholder equity of NT$3.1B and total debt of NT$1.8B, which brings its debt-to-equity ratio to 56.3%. Its total assets and total liabilities are NT$5.3B and NT$2.2B respectively.
Key information
56.3%
Debt to equity ratio
NT$1.75b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$656.73m |
| Equity | NT$3.11b |
| Total liabilities | NT$2.19b |
| Total assets | NT$5.31b |
Recent financial health updates
Recent updates
Is Chuwa Wool Industry (Taiwan) (TPE:1439) A Risky Investment?
Apr 29
Did You Participate In Any Of Chuwa Wool Industry (Taiwan)'s (TPE:1439) Fantastic 137% Return ?
Mar 07What Can The Trends At Chuwa Wool Industry (Taiwan) (TPE:1439) Tell Us About Their Returns?
Jan 31
Is Chuwa Wool Industry Co., (Taiwan) Ltd.'s (TPE:1439) Recent Price Movement Underpinned By Its Weak Fundamentals?
Dec 27We're Not Counting On Chuwa Wool Industry (Taiwan) (TPE:1439) To Sustain Its Statutory Profitability
Nov 22Financial Position Analysis
Short Term Liabilities: 1439's short term assets (NT$3.0B) exceed its short term liabilities (NT$1.7B).
Long Term Liabilities: 1439's short term assets (NT$3.0B) exceed its long term liabilities (NT$506.2M).
Debt to Equity History and Analysis
Debt Level: 1439's net debt to equity ratio (35.2%) is considered satisfactory.
Reducing Debt: 1439's debt to equity ratio has increased from 0% to 56.3% over the past 5 years.
Debt Coverage: 1439's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1439's interest payments on its debt are well covered by EBIT.