Asia Vital Components Balance Sheet Health
Financial Health criteria checks 6/6
Asia Vital Components has a total shareholder equity of NT$25.2B and total debt of NT$11.9B, which brings its debt-to-equity ratio to 47.4%. Its total assets and total liabilities are NT$74.8B and NT$49.6B respectively. Asia Vital Components's EBIT is NT$8.0B making its interest coverage ratio -1005.7. It has cash and short-term investments of NT$28.8B.
Key information
47.4%
Debt to equity ratio
NT$11.95b
Debt
| Interest coverage ratio | -1005.7x |
| Cash | NT$28.84b |
| Equity | NT$25.23b |
| Total liabilities | NT$49.56b |
| Total assets | NT$74.79b |
Recent financial health updates
We Think Asia Vital Components (TWSE:3017) Can Manage Its Debt With Ease
May 21
Does Asia Vital Components (TPE:3017) Have A Healthy Balance Sheet?
Apr 08Asia Vital Components (TPE:3017) Seems To Use Debt Quite Sensibly
Jan 02
Recent updates
Asia Vital Components Co., Ltd.'s (TWSE:3017) P/E Is Still On The Mark Following 30% Share Price Bounce
May 29We Think Asia Vital Components (TWSE:3017) Can Manage Its Debt With Ease
May 21Do Asia Vital Components' (TWSE:3017) Earnings Warrant Your Attention?
Apr 17A Look At The Intrinsic Value Of Asia Vital Components Co., Ltd. (TWSE:3017)
Apr 03Impressive Earnings May Not Tell The Whole Story For Asia Vital Components (TWSE:3017)
Mar 21Asia Vital Components Co., Ltd. (TWSE:3017) Just Reported And Analysts Have Been Lifting Their Price Targets
Mar 17Market Participants Recognise Asia Vital Components Co., Ltd.'s (TWSE:3017) Earnings Pushing Shares 29% Higher
Feb 26Is Now The Time To Look At Buying Asia Vital Components Co., Ltd. (TPE:3017)?
Apr 23Does Asia Vital Components (TPE:3017) Have A Healthy Balance Sheet?
Apr 08Asia Vital Components Co., Ltd.'s (TPE:3017) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
Mar 21Will The ROCE Trend At Asia Vital Components (TPE:3017) Continue?
Feb 16Asia Vital Components Co., Ltd.'s (TPE:3017) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
Feb 01Did You Participate In Any Of Asia Vital Components' (TPE:3017) Fantastic 223% Return ?
Jan 17Asia Vital Components (TPE:3017) Seems To Use Debt Quite Sensibly
Jan 02Why Asia Vital Components Co., Ltd. (TPE:3017) Is A Dividend Rockstar
Dec 20Is Now An Opportune Moment To Examine Asia Vital Components Co., Ltd. (TPE:3017)?
Dec 07Is There More To The Story Than Asia Vital Components's (TPE:3017) Earnings Growth?
Nov 24Financial Position Analysis
Short Term Liabilities: 3017's short term assets (NT$57.1B) exceed its short term liabilities (NT$40.7B).
Long Term Liabilities: 3017's short term assets (NT$57.1B) exceed its long term liabilities (NT$8.8B).
Debt to Equity History and Analysis
Debt Level: 3017 has more cash than its total debt.
Reducing Debt: 3017's debt to equity ratio has reduced from 73.9% to 47.4% over the past 5 years.
Debt Coverage: 3017's debt is well covered by operating cash flow (105.4%).
Interest Coverage: 3017 earns more interest than it pays, so coverage of interest payments is not a concern.