Solomon Technology Corporation

TWSE:2359 Stock Report

Market Cap: NT$28.1b

Solomon Technology Balance Sheet Health

Financial Health criteria checks 3/6

Solomon Technology has a total shareholder equity of NT$6.0B and total debt of NT$839.3M, which brings its debt-to-equity ratio to 13.9%. Its total assets and total liabilities are NT$10.0B and NT$3.9B respectively.

Key information

13.9%

Debt to equity ratio

NT$839.29m

Debt

Interest coverage ration/a
CashNT$4.30b
EquityNT$6.05b
Total liabilitiesNT$3.92b
Total assetsNT$9.97b

Recent financial health updates

Solomon Technology (TPE:2359) Could Easily Take On More Debt

Mar 07
Solomon Technology (TPE:2359) Could Easily Take On More Debt

Recent updates

There's Reason For Concern Over Solomon Technology Corporation's (TWSE:2359) Massive 26% Price Jump

Dec 24
There's Reason For Concern Over Solomon Technology Corporation's (TWSE:2359) Massive 26% Price Jump

Solomon Technology (TWSE:2359) Has Some Way To Go To Become A Multi-Bagger

Nov 14
Solomon Technology (TWSE:2359) Has Some Way To Go To Become A Multi-Bagger

Pinning Down Solomon Technology Corporation's (TWSE:2359) P/S Is Difficult Right Now

Oct 18
Pinning Down Solomon Technology Corporation's (TWSE:2359) P/S Is Difficult Right Now

We Think You Can Look Beyond Solomon Technology's (TWSE:2359) Lackluster Earnings

Aug 26
We Think You Can Look Beyond Solomon Technology's (TWSE:2359) Lackluster Earnings

Slowing Rates Of Return At Solomon Technology (TWSE:2359) Leave Little Room For Excitement

Jul 29
Slowing Rates Of Return At Solomon Technology (TWSE:2359) Leave Little Room For Excitement

Why Investors Shouldn't Be Surprised By Solomon Technology Corporation's (TWSE:2359) 66% Share Price Surge

May 22
Why Investors Shouldn't Be Surprised By Solomon Technology Corporation's (TWSE:2359) 66% Share Price Surge

Solomon Technology's (TWSE:2359) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 25
Solomon Technology's (TWSE:2359) Shareholders Will Receive A Bigger Dividend Than Last Year

Capital Allocation Trends At Solomon Technology (TWSE:2359) Aren't Ideal

Apr 19
Capital Allocation Trends At Solomon Technology (TWSE:2359) Aren't Ideal

Solomon Technology Corporation's (TWSE:2359) Shares Leap 33% Yet They're Still Not Telling The Full Story

Mar 21
Solomon Technology Corporation's (TWSE:2359) Shares Leap 33% Yet They're Still Not Telling The Full Story

Solomon Technology (TWSE:2359) Is Increasing Its Dividend To NT$1.70

Mar 13
Solomon Technology (TWSE:2359) Is Increasing Its Dividend To NT$1.70

Solomon Technology (TPE:2359) Could Be Struggling To Allocate Capital

Apr 03
Solomon Technology (TPE:2359) Could Be Struggling To Allocate Capital

Solomon Technology (TPE:2359) Could Easily Take On More Debt

Mar 07
Solomon Technology (TPE:2359) Could Easily Take On More Debt

We're Not Counting On Solomon Technology (TPE:2359) To Sustain Its Statutory Profitability

Feb 09
We're Not Counting On Solomon Technology (TPE:2359) To Sustain Its Statutory Profitability

A Look At Solomon Technology's (TPE:2359) Share Price Returns

Jan 19
A Look At Solomon Technology's (TPE:2359) Share Price Returns

Is Solomon Technology Corporation (TPE:2359) An Attractive Dividend Stock?

Dec 29
Is Solomon Technology Corporation (TPE:2359) An Attractive Dividend Stock?

The Returns On Capital At Solomon Technology (TPE:2359) Don't Inspire Confidence

Dec 08
The Returns On Capital At Solomon Technology (TPE:2359) Don't Inspire Confidence

Financial Position Analysis

Short Term Liabilities: 2359's short term assets (NT$7.9B) exceed its short term liabilities (NT$3.6B).

Long Term Liabilities: 2359's short term assets (NT$7.9B) exceed its long term liabilities (NT$293.2M).

Debt to Equity History and Analysis

Debt Level: 2359 has more cash than its total debt.

Reducing Debt: 2359's debt to equity ratio has increased from 0% to 13.9% over the past 5 years.

Debt Coverage: 2359's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 2359's interest payments on its debt are well covered by EBIT.

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/08 08:48
End of Day Share Price 2025/01/08 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

Solomon Technology Corporation 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.

AnalystInstitution