Ase Industrial Holding Stock Total Debt

ASX Stock  USD 10.99  0.01  0.09%   
ASE Industrial Holding fundamentals help investors to digest information that contributes to ASE Industrial's financial success or failures. It also enables traders to predict the movement of ASE Stock. The fundamental analysis module provides a way to measure ASE Industrial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ASE Industrial stock.
Total Debt To Capitalization is likely to rise to 0.50 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

ASE Total Debt Analysis

ASE Industrial's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total219.8B194.6B179.2B109.0B
Total Assets672.9B707.1B666.6B699.9B

Total Debt

 = 

Bonds

+

Notes

More About Total Debt | All Equity Analysis

Current ASE Industrial Total Debt

    
  179.22 B  
Most of ASE Industrial's fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ASE Industrial Holding is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

ASE Total Debt Driver Correlations

Understanding the fundamental principles of building solid financial models for ASE Industrial is extremely important. It helps to project a fair market value of ASE Stock properly, considering its historical fundamentals such as Total Debt. Since ASE Industrial's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of ASE Industrial's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of ASE Industrial's interrelated accounts and indicators.
0.980.970.780.740.980.980.420.720.920.870.990.82-0.330.930.810.620.910.940.910.93-0.750.570.350.020.910.590.820.54
0.980.970.70.830.950.980.320.720.890.810.970.79-0.370.920.770.520.870.90.860.93-0.80.650.340.040.910.570.890.6
0.970.970.640.850.950.980.390.620.840.770.970.85-0.20.910.770.540.840.860.810.92-0.820.630.44-0.070.850.510.820.63
0.780.70.640.210.790.70.450.770.840.940.740.51-0.50.680.680.70.840.880.910.7-0.350.320.110.20.780.560.590.14
0.740.830.850.210.70.810.060.40.540.430.770.72-0.060.750.480.190.530.540.450.73-0.830.680.45-0.060.660.340.80.74
0.980.950.950.790.70.970.390.770.90.890.980.77-0.330.930.820.690.90.930.90.9-0.760.590.370.120.920.60.820.47
0.980.980.980.70.810.970.350.670.890.810.980.83-0.330.940.770.570.890.920.880.94-0.790.640.350.080.930.590.870.64
0.420.320.390.450.060.390.350.280.430.420.40.440.010.240.410.410.360.420.460.33-0.170.130.11-0.350.190.270.05-0.06
0.720.720.620.770.40.770.670.280.710.830.750.37-0.450.640.620.610.660.710.710.58-0.580.450.150.280.710.570.67-0.03
0.920.890.840.840.540.90.890.430.710.840.860.64-0.640.890.880.670.960.980.980.92-0.660.520.20.160.930.630.780.48
0.870.810.770.940.430.890.810.420.830.840.860.6-0.410.760.740.720.830.870.870.75-0.560.50.240.10.840.570.750.25
0.990.970.970.740.770.980.980.40.750.860.860.84-0.260.890.750.580.840.890.850.87-0.760.570.320.010.880.60.830.5
0.820.790.850.510.720.770.830.440.370.640.60.840.010.650.480.250.60.690.650.67-0.520.330.11-0.130.670.440.650.65
-0.33-0.37-0.2-0.5-0.06-0.33-0.330.01-0.45-0.64-0.41-0.260.01-0.45-0.49-0.34-0.55-0.55-0.58-0.460.24-0.30.16-0.44-0.6-0.41-0.5-0.24
0.930.920.910.680.750.930.940.240.640.890.760.890.65-0.450.820.670.930.90.860.97-0.810.690.520.20.930.550.840.61
0.810.770.770.680.480.820.770.410.620.880.740.750.48-0.490.820.80.840.830.840.83-0.780.470.370.040.780.550.630.35
0.620.520.540.70.190.690.570.410.610.670.720.580.25-0.340.670.80.740.660.70.62-0.60.420.490.210.620.670.450.05
0.910.870.840.840.530.90.890.360.660.960.830.840.6-0.550.930.840.740.960.960.95-0.650.560.40.160.90.630.740.48
0.940.90.860.880.540.930.920.420.710.980.870.890.69-0.550.90.830.660.960.990.91-0.630.510.190.20.940.610.770.48
0.910.860.810.910.450.90.880.460.710.980.870.850.65-0.580.860.840.70.960.990.89-0.580.470.170.20.910.630.720.42
0.930.930.920.70.730.90.940.330.580.920.750.870.67-0.460.970.830.620.950.910.89-0.780.680.50.080.90.540.80.64
-0.75-0.8-0.82-0.35-0.83-0.76-0.79-0.17-0.58-0.66-0.56-0.76-0.520.24-0.81-0.78-0.6-0.65-0.63-0.58-0.78-0.76-0.54-0.1-0.73-0.53-0.79-0.54
0.570.650.630.320.680.590.640.130.450.520.50.570.33-0.30.690.470.420.560.510.470.68-0.760.540.190.640.30.750.56
0.350.340.440.110.450.370.350.110.150.20.240.320.110.160.520.370.490.40.190.170.5-0.540.54-0.180.210.110.240.2
0.020.04-0.070.2-0.060.120.08-0.350.280.160.10.01-0.13-0.440.20.040.210.160.20.20.08-0.10.19-0.180.330.240.270.03
0.910.910.850.780.660.920.930.190.710.930.840.880.67-0.60.930.780.620.90.940.910.9-0.730.640.210.330.620.920.62
0.590.570.510.560.340.60.590.270.570.630.570.60.44-0.410.550.550.670.630.610.630.54-0.530.30.110.240.620.580.24
0.820.890.820.590.80.820.870.050.670.780.750.830.65-0.50.840.630.450.740.770.720.8-0.790.750.240.270.920.580.69
0.540.60.630.140.740.470.64-0.06-0.030.480.250.50.65-0.240.610.350.050.480.480.420.64-0.540.560.20.030.620.240.69
Click cells to compare fundamentals
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Competition

ASE Short Long Term Debt Total

Short Long Term Debt Total

108.98 Billion

At this time, ASE Industrial's Short and Long Term Debt Total is fairly stable compared to the past year.
Based on the latest financial disclosure, ASE Industrial Holding has a Total Debt of 179.22 B. This is much higher than that of the Semiconductors & Semiconductor Equipment sector and significantly higher than that of the Information Technology industry. The total debt for all United States stocks is significantly lower than that of the firm.

ASE Total Debt Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ASE Industrial's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ASE Industrial could also be used in its relative valuation, which is a method of valuing ASE Industrial by comparing valuation metrics of similar companies.
ASE Industrial is currently under evaluation in total debt category among related companies.

ASE Industrial Institutional Holders

Institutional Holdings refers to the ownership stake in ASE Industrial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of ASE Industrial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing ASE Industrial's value.
Shares
Rafferty Asset Management, Llc2023-12-31
3.9 M
Cullen Capital Management, Llc2023-12-31
2.9 M
Envestnet Asset Management Inc2023-12-31
2.7 M
Grantham, Mayo, Van Otterloo & Co., Llc2023-12-31
2.6 M
Natixis Advisors, Llc.2023-12-31
2.4 M
Barclays Plc2023-12-31
2.4 M
Sei Investments Co2023-12-31
1.9 M
American Century Companies Inc2023-12-31
1.7 M
Crossmark Global Holdings, Inc.2023-12-31
1.7 M
Lazard Asset Management Llc2023-12-31
20.7 M
Fisher Asset Management, Llc2023-12-31
17.3 M

ASE Fundamentals

About ASE Industrial Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ASE Industrial Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ASE Industrial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ASE Industrial Holding based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2024
Total Debt To Capitalization 0.37  0.50 

Pair Trading with ASE Industrial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ASE Industrial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ASE Industrial will appreciate offsetting losses from the drop in the long position's value.

Moving together with ASE Stock

  0.89NVDA NVIDIA Financial Report 22nd of May 2024 PairCorr
  0.73AMD Advanced Micro Devices Aggressive PushPairCorr

Moving against ASE Stock

  0.77U Unity Software Financial Report 8th of May 2024 PairCorr
  0.77DT Dynatrace Holdings LLC Financial Report 15th of May 2024 PairCorr
  0.54DV DoubleVerify Holdings Buyout TrendPairCorr
  0.52G Genpact Limited Earnings Call This WeekPairCorr
  0.44INTC Intel Aggressive PushPairCorr
The ability to find closely correlated positions to ASE Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ASE Industrial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ASE Industrial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ASE Industrial Holding to buy it.
The correlation of ASE Industrial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ASE Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ASE Industrial Holding moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ASE Industrial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether ASE Industrial Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ASE Industrial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ase Industrial Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ase Industrial Holding Stock:
Check out ASE Industrial Piotroski F Score and ASE Industrial Altman Z Score analysis.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Complementary Tools for ASE Stock analysis

When running ASE Industrial's price analysis, check to measure ASE Industrial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ASE Industrial is operating at the current time. Most of ASE Industrial's value examination focuses on studying past and present price action to predict the probability of ASE Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASE Industrial's price. Additionally, you may evaluate how the addition of ASE Industrial to your portfolios can decrease your overall portfolio volatility.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Is ASE Industrial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ASE Industrial. If investors know ASE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ASE Industrial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.41)
Earnings Share
0.45
Revenue Per Share
270.918
Quarterly Revenue Growth
(0.1)
Return On Assets
0.0367
The market value of ASE Industrial Holding is measured differently than its book value, which is the value of ASE that is recorded on the company's balance sheet. Investors also form their own opinion of ASE Industrial's value that differs from its market value or its book value, called intrinsic value, which is ASE Industrial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ASE Industrial's market value can be influenced by many factors that don't directly affect ASE Industrial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ASE Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if ASE Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASE Industrial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.