Ares International Balance Sheet Health
Financial Health criteria checks 6/6
Ares International has a total shareholder equity of NT$846.1M and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$1.3B and NT$500.5M respectively. Ares International's EBIT is NT$106.0M making its interest coverage ratio -5.5. It has cash and short-term investments of NT$811.2M.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | -5.5x |
| Cash | NT$811.19m |
| Equity | NT$846.09m |
| Total liabilities | NT$500.50m |
| Total assets | NT$1.35b |
Recent financial health updates
No updates
Recent updates
Ares International Corp. (TWSE:2471) Investors Are Less Pessimistic Than Expected
Dec 08
Ares International (TWSE:2471) Will Pay A Larger Dividend Than Last Year At NT$3.29
Jul 12Ares International (TWSE:2471) Shareholders Should Be Cautious Despite Solid Earnings
May 22The Return Trends At Ares International (TPE:2471) Look Promising
Apr 23Is Ares International Corp.'s (TPE:2471) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Mar 11A Look At The Intrinsic Value Of Ares International Corp. (TPE:2471)
Feb 14What Can The Trends At Ares International (TPE:2471) Tell Us About Their Returns?
Jan 17Ares International Corp. (TPE:2471) Is Yielding 5.1% - But Is It A Buy?
Dec 27
Is Ares International Corp.'s (TPE:2471) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Dec 06Financial Position Analysis
Short Term Liabilities: 2471's short term assets (NT$1.2B) exceed its short term liabilities (NT$406.0M).
Long Term Liabilities: 2471's short term assets (NT$1.2B) exceed its long term liabilities (NT$94.5M).
Debt to Equity History and Analysis
Debt Level: 2471 is debt free.
Reducing Debt: 2471 has not had any debt for past 5 years.
Debt Coverage: 2471 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2471 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 02:27 |
| End of Day Share Price | 2024/12/27 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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Ares International Corp. is covered by 1 analysts. 1 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 |
|---|---|
| Zhizhong Chen | Capital Securities Corporation |