Formosa Electronic Industries Balance Sheet Health
Financial Health criteria checks 4/6
Formosa Electronic Industries has a total shareholder equity of NT$1.6B and total debt of NT$458.5M, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are NT$2.4B and NT$832.7M respectively.
Key information
28.8%
Debt to equity ratio
NT$458.46m
Debt
Interest coverage ratio | n/a |
Cash | NT$440.17m |
Equity | NT$1.59b |
Total liabilities | NT$832.66m |
Total assets | NT$2.42b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 8171's short term assets (NT$1.7B) exceed its short term liabilities (NT$716.9M).
Long Term Liabilities: 8171's short term assets (NT$1.7B) exceed its long term liabilities (NT$115.8M).
Debt to Equity History and Analysis
Debt Level: 8171's net debt to equity ratio (1.1%) is considered satisfactory.
Reducing Debt: 8171's debt to equity ratio has reduced from 51.6% to 28.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 8171 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 8171 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.