Adda Balance Sheet Health
Financial Health criteria checks 4/6
Adda has a total shareholder equity of NT$1.9B and total debt of NT$1.0B, which brings its debt-to-equity ratio to 53.1%. Its total assets and total liabilities are NT$4.1B and NT$2.2B respectively. Adda's EBIT is NT$139.5M making its interest coverage ratio 24.5. It has cash and short-term investments of NT$1.5B.
Key information
53.1%
Debt to equity ratio
NT$1.02b
Debt
| Interest coverage ratio | 24.5x |
| Cash | NT$1.55b |
| Equity | NT$1.92b |
| Total liabilities | NT$2.18b |
| Total assets | NT$4.10b |
Recent financial health updates
These 4 Measures Indicate That Adda (GTSM:3071) Is Using Debt Safely
Apr 04
We Think Adda (GTSM:3071) Can Manage Its Debt With Ease
Jan 03Recent updates
There's Been No Shortage Of Growth Recently For Adda's (GTSM:3071) Returns On Capital
Apr 22These 4 Measures Indicate That Adda (GTSM:3071) Is Using Debt Safely
Apr 04Key Things To Watch Out For If You Are After Adda Corporation's (GTSM:3071) 5.7% Dividend
Mar 15Is Adda Corporation's (GTSM:3071) Latest Stock Performance Being Led By Its Strong Fundamentals?
Feb 26Did You Participate In Any Of Adda's (GTSM:3071) Fantastic 277% Return ?
Feb 08
What We Make Of Adda's (GTSM:3071) Returns On Capital
Jan 21We Think Adda (GTSM:3071) Can Manage Its Debt With Ease
Jan 03Key Things To Consider Before Buying Adda Corporation (GTSM:3071) For Its Dividend
Dec 09Are Robust Financials Driving The Recent Rally In Adda Corporation's (GTSM:3071) Stock?
Nov 21Financial Position Analysis
Short Term Liabilities: 3071's short term assets (NT$2.8B) exceed its short term liabilities (NT$1.8B).
Long Term Liabilities: 3071's short term assets (NT$2.8B) exceed its long term liabilities (NT$329.2M).
Debt to Equity History and Analysis
Debt Level: 3071 has more cash than its total debt.
Reducing Debt: 3071's debt to equity ratio has increased from 27.8% to 53.1% over the past 5 years.
Debt Coverage: 3071's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: 3071's interest payments on its debt are well covered by EBIT (24.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 10:51 |
| 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 * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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
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
Adda Corporation is covered by 1 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 |
|---|---|
| Shiwei Yuan | IBTS Investment Consulting Co., Ltd. |