Far Eastern New Century Balance Sheet Health
Financial Health criteria checks 2/6
Far Eastern New Century has a total shareholder equity of NT$313.8B and total debt of NT$260.1B, which brings its debt-to-equity ratio to 82.9%. Its total assets and total liabilities are NT$672.1B and NT$358.2B respectively. Far Eastern New Century's EBIT is NT$17.2B making its interest coverage ratio 4.8. It has cash and short-term investments of NT$40.7B.
Key information
82.9%
Debt to equity ratio
NT$260.11b
Debt
| Interest coverage ratio | 4.8x |
| Cash | NT$40.71b |
| Equity | NT$313.83b |
| Total liabilities | NT$358.22b |
| Total assets | NT$672.05b |
Recent financial health updates
Does Far Eastern New Century (TWSE:1402) Have A Healthy Balance Sheet?
Aug 01
Is Far Eastern New Century (TWSE:1402) A Risky Investment?
Feb 29Is Far Eastern New Century (TPE:1402) Using Too Much Debt?
Feb 03Recent updates
Additional Considerations Required While Assessing Far Eastern New Century's (TWSE:1402) Strong Earnings
Nov 21Getting In Cheap On Far Eastern New Century Corporation (TWSE:1402) Is Unlikely
Nov 01Returns On Capital At Far Eastern New Century (TWSE:1402) Have Hit The Brakes
Oct 14Does Far Eastern New Century (TWSE:1402) Have A Healthy Balance Sheet?
Aug 01Far Eastern New Century (TWSE:1402) Is Due To Pay A Dividend Of NT$1.35
Jul 05Far Eastern New Century (TWSE:1402) Has More To Do To Multiply In Value Going Forward
Jul 03Investors Appear Satisfied With Far Eastern New Century Corporation's (TWSE:1402) Prospects
Jun 14Is Far Eastern New Century Corporation (TWSE:1402) Expensive For A Reason? A Look At Its Intrinsic Value
Apr 17We Think That There Are Some Issues For Far Eastern New Century (TWSE:1402) Beyond Its Promising Earnings
Mar 22Results: Far Eastern New Century Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts
Mar 19Is Far Eastern New Century (TWSE:1402) A Risky Investment?
Feb 29Factors Income Investors Should Consider Before Adding Far Eastern New Century Corporation (TPE:1402) To Their Portfolio
Apr 11Returns On Capital At Far Eastern New Century (TPE:1402) Paint A Concerning Picture
Mar 24Estimating The Fair Value Of Far Eastern New Century Corporation (TPE:1402)
Feb 21Is Far Eastern New Century (TPE:1402) Using Too Much Debt?
Feb 03Shareholders Of Far Eastern New Century (TPE:1402) Must Be Happy With Their 49% Return
Jan 19
Is Far Eastern New Century Corporation (TPE:1402) An Attractive Dividend Stock?
Jan 06Is Far Eastern New Century (TPE:1402) Headed For Trouble?
Dec 24Financial Position Analysis
Short Term Liabilities: 1402's short term assets (NT$144.5B) exceed its short term liabilities (NT$128.4B).
Long Term Liabilities: 1402's short term assets (NT$144.5B) do not cover its long term liabilities (NT$229.8B).
Debt to Equity History and Analysis
Debt Level: 1402's net debt to equity ratio (69.9%) is considered high.
Reducing Debt: 1402's debt to equity ratio has increased from 76.8% to 82.9% over the past 5 years.
Debt Coverage: 1402's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: 1402's interest payments on its debt are well covered by EBIT (4.8x coverage).