Formosa Prosonic Industries Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Formosa Prosonic Industries Berhad has a total shareholder equity of MYR541.5M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR700.7M and MYR159.2M respectively. Formosa Prosonic Industries Berhad's EBIT is MYR153.9M making its interest coverage ratio 1508.1. It has cash and short-term investments of MYR451.6M.
Key information
0%
Debt to equity ratio
RM0
Debt
| Interest coverage ratio | 1508.1x |
| Cash | RM451.63m |
| Equity | RM541.49m |
| Total liabilities | RM159.17m |
| Total assets | RM700.66m |
Recent financial health updates
Recent updates
Formosa Prosonic Industries Berhad's (KLSE:FPI) Solid Earnings May Rest On Weak Foundations
May 01
Formosa Prosonic Industries Berhad (KLSE:FPI) Is Increasing Its Dividend To MYR0.23
Feb 27Formosa Prosonic Industries Berhad's (KLSE:FPI) Upcoming Dividend Will Be Larger Than Last Year's
Feb 26Formosa Prosonic Industries Berhad (KLSE:FPI) Has Announced That It Will Be Increasing Its Dividend To RM0.20
Feb 27We Like Formosa Prosonic Industries Berhad's (KLSE:FPI) Returns And Here's How They're Trending
Aug 20I Ran A Stock Scan For Earnings Growth And Formosa Prosonic Industries Berhad (KLSE:FPI) Passed With Ease
Jun 06Returns At Formosa Prosonic Industries Berhad (KLSE:FPI) Are On The Way Up
May 01Formosa Prosonic Industries Berhad (KLSE:FPI) Has Gifted Shareholders With A Fantastic 281% Total Return On Their Investment
Mar 14Should You Be Adding Formosa Prosonic Industries Berhad (KLSE:FPI) To Your Watchlist Today?
Feb 27How Much Of Formosa Prosonic Industries Berhad (KLSE:FPI) Do Insiders Own?
Feb 12We Like These Underlying Trends At Formosa Prosonic Industries Berhad (KLSE:FPI)
Jan 30
Is Formosa Prosonic Industries Berhad (KLSE:FPI) A Smart Pick For Income Investors?
Jan 17Formosa Prosonic Industries Berhad's (KLSE:FPI) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Jan 04Formosa Prosonic Industries Berhad's (KLSE:FPI) Earnings Are Growing But Is There More To The Story?
Dec 22Formosa Prosonic Industries Berhad (KLSE:FPI) Has Gifted Shareholders With A Fantastic 264% Total Return On Their Investment
Dec 09If You Like EPS Growth Then Check Out Formosa Prosonic Industries Berhad (KLSE:FPI) Before It's Too Late
Nov 26Financial Position Analysis
Short Term Liabilities: FPI's short term assets (MYR613.3M) exceed its short term liabilities (MYR154.1M).
Long Term Liabilities: FPI's short term assets (MYR613.3M) exceed its long term liabilities (MYR5.0M).
Debt to Equity History and Analysis
Debt Level: FPI is debt free.
Reducing Debt: FPI had no debt 5 years ago.
Debt Coverage: FPI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FPI has no debt, therefore coverage of interest payments is not a concern.