Hwa Fong Rubber Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Hwa Fong Rubber Industrial has a total shareholder equity of NT$5.0B and total debt of NT$1.6B, which brings its debt-to-equity ratio to 32.6%. Its total assets and total liabilities are NT$7.9B and NT$2.9B respectively. Hwa Fong Rubber Industrial's EBIT is NT$455.1M making its interest coverage ratio 17.4. It has cash and short-term investments of NT$2.7B.
Key information
32.6%
Debt to equity ratio
NT$1.64b
Debt
| Interest coverage ratio | 17.4x |
| Cash | NT$2.69b |
| Equity | NT$5.03b |
| Total liabilities | NT$2.91b |
| Total assets | NT$7.94b |
Recent financial health updates
These 4 Measures Indicate That Hwa Fong Rubber Industrial (TWSE:2109) Is Using Debt Reasonably Well
Mar 13
Does Hwa Fong Rubber Ind (TPE:2109) Have A Healthy Balance Sheet?
Dec 14Recent updates
Hwa Fong Rubber Industrial's (TWSE:2109) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 23We Think That There Are Some Issues For Hwa Fong Rubber Industrial (TWSE:2109) Beyond Its Promising Earnings
Mar 21These 4 Measures Indicate That Hwa Fong Rubber Industrial (TWSE:2109) Is Using Debt Reasonably Well
Mar 13Hwa Fong Rubber Ind. Co., Ltd.'s (TPE:2109) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Mar 13The Trends At Hwa Fong Rubber Ind (TPE:2109) That You Should Know About
Feb 15Are Hwa Fong Rubber Ind's (TPE:2109) Statutory Earnings A Good Guide To Its Underlying Profitability?
Jan 25
Update: Hwa Fong Rubber Ind (TPE:2109) Stock Gained 34% In The Last Five Years
Jan 04Does Hwa Fong Rubber Ind (TPE:2109) Have A Healthy Balance Sheet?
Dec 14Hwa Fong Rubber Ind. Co., Ltd.'s (TPE:2109) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Nov 23Financial Position Analysis
Short Term Liabilities: 2109's short term assets (NT$4.4B) exceed its short term liabilities (NT$1.6B).
Long Term Liabilities: 2109's short term assets (NT$4.4B) exceed its long term liabilities (NT$1.3B).
Debt to Equity History and Analysis
Debt Level: 2109 has more cash than its total debt.
Reducing Debt: 2109's debt to equity ratio has reduced from 50.5% to 32.6% over the past 5 years.
Debt Coverage: 2109's debt is well covered by operating cash flow (32.4%).
Interest Coverage: 2109's interest payments on its debt are well covered by EBIT (17.4x coverage).