Hon Hai Precision Industry Balance Sheet Health
Financial Health criteria checks 5/6
Hon Hai Precision Industry has a total shareholder equity of NT$1,797.8B and total debt of NT$893.3B, which brings its debt-to-equity ratio to 49.7%. Its total assets and total liabilities are NT$4,272.3B and NT$2,474.5B respectively. Hon Hai Precision Industry's EBIT is NT$185.1B making its interest coverage ratio -10.1. It has cash and short-term investments of NT$1,144.2B.
Key information
49.7%
Debt to equity ratio
NT$893.32b
Debt
| Interest coverage ratio | -10.1x |
| Cash | NT$1.14t |
| Equity | NT$1.80t |
| Total liabilities | NT$2.47t |
| Total assets | NT$4.27t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HHP2's short term assets (NT$3,296.2B) exceed its short term liabilities (NT$2,090.4B).
Long Term Liabilities: HHP2's short term assets (NT$3,296.2B) exceed its long term liabilities (NT$384.1B).
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 54.7% to 49.7% over the past 5 years.
Debt Coverage: HHP2's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: HHP2 earns more interest than it pays, so coverage of interest payments is not a concern.