Hon Hai Precision Industry Balance Sheet Health
Financial Health criteria checks 6/6
Hon Hai Precision Industry has a total shareholder equity of NT$1,686.2B and total debt of NT$921.2B, which brings its debt-to-equity ratio to 54.6%. Its total assets and total liabilities are NT$3,939.8B and NT$2,253.5B respectively. Hon Hai Precision Industry's EBIT is NT$166.5B making its interest coverage ratio -7.8. It has cash and short-term investments of NT$1,349.6B.
Key information
54.6%
Debt to equity ratio
NT$921.22b
Debt
Interest coverage ratio | -7.8x |
Cash | NT$1.35t |
Equity | NT$1.69t |
Total liabilities | NT$2.25t |
Total assets | NT$3.94t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HHP2's short term assets (NT$3,036.0B) exceed its short term liabilities (NT$1,909.3B).
Long Term Liabilities: HHP2's short term assets (NT$3,036.0B) exceed its long term liabilities (NT$344.2B).
Debt to Equity History and Analysis
Debt Level: HHP2 has more cash than its total debt.
Reducing Debt: HHP2's debt to equity ratio has reduced from 58.4% to 54.6% over the past 5 years.
Debt Coverage: HHP2's debt is well covered by operating cash flow (48.4%).
Interest Coverage: HHP2 earns more interest than it pays, so coverage of interest payments is not a concern.