Far Eastern New Century Balance Sheet Health
Financial Health criteria checks 2/6
Far Eastern New Century has a total shareholder equity of NT$310.3B and total debt of NT$226.3B, which brings its debt-to-equity ratio to 72.9%. Its total assets and total liabilities are NT$679.3B and NT$369.1B respectively. Far Eastern New Century's EBIT is NT$16.5B making its interest coverage ratio 4.5. It has cash and short-term investments of NT$40.6B.
Key information
72.9%
Debt to equity ratio
NT$226.29b
Debt
Interest coverage ratio | 4.5x |
Cash | NT$40.61b |
Equity | NT$310.26b |
Total liabilities | NT$369.08b |
Total assets | NT$679.34b |
Recent financial health updates
Does Far Eastern New Century (TWSE:1402) Have A Healthy Balance Sheet?
Aug 01Is Far Eastern New Century (TWSE:1402) A Risky Investment?
Feb 29Is Far Eastern New Century (TPE:1402) Using Too Much Debt?
Feb 03Recent updates
Does 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 19Is 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$148.9B) do not cover its short term liabilities (NT$149.4B).
Long Term Liabilities: 1402's short term assets (NT$148.9B) do not cover its long term liabilities (NT$219.7B).
Debt to Equity History and Analysis
Debt Level: 1402's net debt to equity ratio (59.8%) is considered high.
Reducing Debt: 1402's debt to equity ratio has reduced from 83.5% to 72.9% over the past 5 years.
Debt Coverage: 1402's debt is not well covered by operating cash flow (19.6%).
Interest Coverage: 1402's interest payments on its debt are well covered by EBIT (4.5x coverage).