Delta Electronics, Inc.

TWSE:2308 Stock Report

Market Cap: NT$1.1t

Delta Electronics Balance Sheet Health

Financial Health criteria checks 5/6

Delta Electronics has a total shareholder equity of NT$267.7B and total debt of NT$79.2B, which brings its debt-to-equity ratio to 29.6%. Its total assets and total liabilities are NT$522.6B and NT$254.8B respectively. Delta Electronics's EBIT is NT$47.3B making its interest coverage ratio -21.6. It has cash and short-term investments of NT$124.4B.

Key information

29.6%

Debt to equity ratio

NT$79.23b

Debt

Interest coverage ratio-21.6x
CashNT$124.44b
EquityNT$267.72b
Total liabilitiesNT$254.84b
Total assetsNT$522.57b

Recent financial health updates

Delta Electronics (TWSE:2308) Seems To Use Debt Rather Sparingly

Dec 06
Delta Electronics (TWSE:2308) Seems To Use Debt Rather Sparingly

Here's Why Delta Electronics (TWSE:2308) Can Manage Its Debt Responsibly

Sep 02
Here's Why Delta Electronics (TWSE:2308) Can Manage Its Debt Responsibly

Recent updates

Delta Electronics (TWSE:2308) Seems To Use Debt Rather Sparingly

Dec 06
Delta Electronics (TWSE:2308) Seems To Use Debt Rather Sparingly

Delta Electronics (TWSE:2308) Is Looking To Continue Growing Its Returns On Capital

Nov 13
Delta Electronics (TWSE:2308) Is Looking To Continue Growing Its Returns On Capital

Earnings Miss: Delta Electronics, Inc. Missed EPS By 16% And Analysts Are Revising Their Forecasts

Nov 01
Earnings Miss: Delta Electronics, Inc. Missed EPS By 16% And Analysts Are Revising Their Forecasts

Calculating The Fair Value Of Delta Electronics, Inc. (TWSE:2308)

Oct 14
Calculating The Fair Value Of Delta Electronics, Inc. (TWSE:2308)

Delta Electronics, Inc. (TWSE:2308) Investors Are Less Pessimistic Than Expected

Sep 30
Delta Electronics, Inc. (TWSE:2308) Investors Are Less Pessimistic Than Expected

Is It Time To Consider Buying Delta Electronics, Inc. (TWSE:2308)?

Sep 16
Is It Time To Consider Buying Delta Electronics, Inc. (TWSE:2308)?

Here's Why Delta Electronics (TWSE:2308) Can Manage Its Debt Responsibly

Sep 02
Here's Why Delta Electronics (TWSE:2308) Can Manage Its Debt Responsibly

Delta Electronics, Inc. Just Recorded A 22% EPS Beat: Here's What Analysts Are Forecasting Next

Aug 03
Delta Electronics, Inc. Just Recorded A 22% EPS Beat: Here's What Analysts Are Forecasting Next

Investors Met With Slowing Returns on Capital At Delta Electronics (TWSE:2308)

Jul 14
Investors Met With Slowing Returns on Capital At Delta Electronics (TWSE:2308)

Delta Electronics, Inc.'s (TWSE:2308) Business Is Yet to Catch Up With Its Share Price

Jun 05
Delta Electronics, Inc.'s (TWSE:2308) Business Is Yet to Catch Up With Its Share Price

At NT$318, Is Delta Electronics, Inc. (TWSE:2308) Worth Looking At Closely?

May 21
At NT$318, Is Delta Electronics, Inc. (TWSE:2308) Worth Looking At Closely?

Earnings Miss: Delta Electronics, Inc. Missed EPS By 9.9% And Analysts Are Revising Their Forecasts

May 03
Earnings Miss: Delta Electronics, Inc. Missed EPS By 9.9% And Analysts Are Revising Their Forecasts

Delta Electronics, Inc. (TWSE:2308) Just Reported, And Analysts Assigned A NT$344 Price Target

Mar 05
Delta Electronics, Inc. (TWSE:2308) Just Reported, And Analysts Assigned A NT$344 Price Target

Delta Electronics (TWSE:2308) Might Have The Makings Of A Multi-Bagger

Feb 29
Delta Electronics (TWSE:2308) Might Have The Makings Of A Multi-Bagger

Financial Position Analysis

Short Term Liabilities: 2308's short term assets (NT$308.5B) exceed its short term liabilities (NT$136.0B).

Long Term Liabilities: 2308's short term assets (NT$308.5B) exceed its long term liabilities (NT$118.9B).

Debt to Equity History and Analysis

Debt Level: 2308 has more cash than its total debt.

Reducing Debt: 2308's debt to equity ratio has increased from 25.8% to 29.6% over the past 5 years.

Debt Coverage: 2308's debt is well covered by operating cash flow (95.4%).

Interest Coverage: 2308 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 05:40
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Delta Electronics, Inc. is covered by 39 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yingchao YangBarclays
Wayne DongBarclays
Charles HsuBNP Paribas Securities (Asia)