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 58.7%. Its total assets and total liabilities are NT$5.6B and NT$2.5B respectively.
Key information
58.7%
Debt to equity ratio
NT$1.83b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$639.24m |
| Equity | NT$3.11b |
| Total liabilities | NT$2.48b |
| Total assets | NT$5.59b |
Recent financial health updates
Recent updates
Ascent Development's (TWSE:1439) Solid Earnings May Rest On Weak Foundations
Nov 20
Is Chuwa Wool Industry (Taiwan) (TPE:1439) A Risky Investment?
Apr 29Did 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$3.3B) exceed its short term liabilities (NT$2.0B).
Long Term Liabilities: 1439's short term assets (NT$3.3B) exceed its long term liabilities (NT$491.8M).
Debt to Equity History and Analysis
Debt Level: 1439's net debt to equity ratio (38.2%) is considered satisfactory.
Reducing Debt: 1439's debt to equity ratio has increased from 0% to 58.7% 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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 02:18 |
| End of Day Share Price | 2024/12/26 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 * |
|---|---|---|---|
| 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
Ascent Development Co., Ltd. is covered by 0 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.
| Analyst | Institution |
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