Spirox Balance Sheet Health
Financial Health criteria checks 4/6
Spirox has a total shareholder equity of NT$2.2B and total debt of NT$116.9M, which brings its debt-to-equity ratio to 5.3%. Its total assets and total liabilities are NT$2.8B and NT$560.9M respectively.
Key information
5.3%
Debt to equity ratio
NT$116.92m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$1.40b |
| Equity | NT$2.21b |
| Total liabilities | NT$560.88m |
| Total assets | NT$2.77b |
Recent financial health updates
Is Spirox (TWSE:3055) Weighed On By Its Debt Load?
Sep 10
Is Spirox (TWSE:3055) Using Too Much Debt?
Apr 29Does Spirox (TPE:3055) Have A Healthy Balance Sheet?
Apr 07Spirox (TPE:3055) Is Making Moderate Use Of Debt
Dec 23Recent updates
Optimistic Investors Push Spirox Corporation (TWSE:3055) Shares Up 26% But Growth Is Lacking
Oct 28Is Spirox (TWSE:3055) Weighed On By Its Debt Load?
Sep 10Spirox Corporation's (TWSE:3055) Popularity With Investors Under Threat As Stock Sinks 27%
Aug 10Is Spirox (TWSE:3055) Using Too Much Debt?
Apr 29Does Spirox (TPE:3055) Have A Healthy Balance Sheet?
Apr 07Spirox Corporation (TPE:3055) Investors Should Think About This Before Buying It For Its Dividend
Mar 03Spirox Corporation's (TPE:3055) Shareholders Might Be Looking For Exit
Feb 05Here's Why We Don't Think Spirox's (TPE:3055) Statutory Earnings Reflect Its Underlying Earnings Potential
Jan 15
Spirox (TPE:3055) Is Making Moderate Use Of Debt
Dec 23Introducing Spirox (TPE:3055), A Stock That Climbed 76% In The Last Three Years
Nov 27Financial Position Analysis
Short Term Liabilities: 3055's short term assets (NT$1.9B) exceed its short term liabilities (NT$405.3M).
Long Term Liabilities: 3055's short term assets (NT$1.9B) exceed its long term liabilities (NT$155.5M).
Debt to Equity History and Analysis
Debt Level: 3055 has more cash than its total debt.
Reducing Debt: 3055's debt to equity ratio has reduced from 28.5% to 5.3% over the past 5 years.
Debt Coverage: 3055's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 3055'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 | 2025/01/03 21:09 |
| End of Day Share Price | 2025/01/03 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 |
| |
| 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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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
Spirox Corporation is covered by 2 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 |
|---|---|
| Licheng Zhuang | Capital Securities Corporation |
| Jinyuan Lu | Jih Sun Securities Investment Consulting Co., Ltd. |