ASXASE Technology Holding Co., Ltd.

$37.25

Is it safe?

Can ASX take a bad year?

ASE Technology Holding Co., Ltd. carries $143.4B of net debt at 1.21× EBITDA: a load its earnings can carry.

$143.4B

Net debt · as at FY2025 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
1.21×

Net debt / EBITDA · 0.83× a year ago · the load is going up

Cash runway
4.2 years

Cash runway · burning $5.60B a quarter at the current rate

Annualised volatility
47%

Annualised volatility · roughly twice as jumpy as the market

Details
Total debtFY2025
$237.6B
Cash and short-term investments
$94.2B
Net debt
$143.4B
EBITDA, trailing twelve months
$118.9B
Operating profit, trailing twelve months
$51.4B
Debt / equity
0.69×
Total debt / EBITDA
2.00×
Annualised volatilitytwo years of daily moves
47%
Worst drawdown on file
−53%
Below its 52-week high
−15%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.