ACES Electronics Balance Sheet Health
Financial Health criteria checks 4/6
ACES Electronics has a total shareholder equity of NT$6.0B and total debt of NT$3.9B, which brings its debt-to-equity ratio to 64.5%. Its total assets and total liabilities are NT$13.3B and NT$7.4B respectively. ACES Electronics's EBIT is NT$115.7M making its interest coverage ratio 1.8. It has cash and short-term investments of NT$1.9B.
Key information
64.5%
Debt to equity ratio
NT$3.86b
Debt
| Interest coverage ratio | 1.8x |
| Cash | NT$1.90b |
| Equity | NT$5.99b |
| Total liabilities | NT$7.35b |
| Total assets | NT$13.34b |
Recent financial health updates
Does ACES Electronics (TPE:3605) Have A Healthy Balance Sheet?
Apr 13
ACES Electronics (TPE:3605) Has A Pretty Healthy Balance Sheet
Jan 12Recent updates
Shareholders Can Be Confident That ACES Electronics' (TWSE:3605) Earnings Are High Quality
Nov 18ACES Electronics Co., Ltd.'s (TWSE:3605) Price Is Right But Growth Is Lacking After Shares Rocket 26%
May 23Does ACES Electronics (TPE:3605) Have A Healthy Balance Sheet?
Apr 13Why ACES Electronics Co., Ltd. (TPE:3605) Could Be Worth Watching
Mar 29Is There More Growth In Store For ACES Electronics' (TPE:3605) Returns On Capital?
Mar 15Do Its Financials Have Any Role To Play In Driving ACES Electronics Co., Ltd.'s (TPE:3605) Stock Up Recently?
Feb 26Is ACES Electronics Co., Ltd. (TPE:3605) A Smart Pick For Income Investors?
Feb 11ACES Electronics (TPE:3605) Shareholders Have Enjoyed A 66% Share Price Gain
Jan 27
ACES Electronics (TPE:3605) Has A Pretty Healthy Balance Sheet
Jan 12Is It Too Late To Consider Buying ACES Electronics Co., Ltd. (TPE:3605)?
Dec 28Does ACES Electronics (TPE:3605) Have The Makings Of A Multi-Bagger?
Dec 12Are ACES Electronics Co., Ltd.'s (TPE:3605) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
Nov 27Financial Position Analysis
Short Term Liabilities: 3605's short term assets (NT$6.7B) exceed its short term liabilities (NT$3.8B).
Long Term Liabilities: 3605's short term assets (NT$6.7B) exceed its long term liabilities (NT$3.5B).
Debt to Equity History and Analysis
Debt Level: 3605's net debt to equity ratio (32.7%) is considered satisfactory.
Reducing Debt: 3605's debt to equity ratio has increased from 49.9% to 64.5% over the past 5 years.
Debt Coverage: 3605's debt is well covered by operating cash flow (30.9%).
Interest Coverage: 3605's interest payments on its debt are not well covered by EBIT (1.8x coverage).