Taiwan Fu Hsing IndustrialLtd Balance Sheet Health
Financial Health criteria checks 6/6
Taiwan Fu Hsing IndustrialLtd has a total shareholder equity of NT$7.3B and total debt of NT$344.1M, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are NT$9.5B and NT$2.1B respectively. Taiwan Fu Hsing IndustrialLtd's EBIT is NT$1.1B making its interest coverage ratio -15.1. It has cash and short-term investments of NT$3.1B.
Key information
4.7%
Debt to equity ratio
NT$344.06m
Debt
| Interest coverage ratio | -15.1x |
| Cash | NT$3.13b |
| Equity | NT$7.34b |
| Total liabilities | NT$2.14b |
| Total assets | NT$9.48b |
Recent financial health updates
Recent updates
Why Investors Shouldn't Be Surprised By Taiwan Fu Hsing Industrial Co.,Ltd.'s (TWSE:9924) Low P/E
Oct 14
Taiwan Fu Hsing IndustrialLtd (TWSE:9924) Will Pay A Larger Dividend Than Last Year At NT$3.00
May 27Here's Why Taiwan Fu Hsing IndustrialLtd (TPE:9924) Can Manage Its Debt Responsibly
Jan 29
Is There More Growth In Store For Taiwan Fu Hsing IndustrialLtd's (TPE:9924) Returns On Capital?
Dec 18Should Taiwan Fu Hsing Industrial Co.,Ltd. (TPE:9924) Be Part Of Your Dividend Portfolio?
Nov 19Financial Position Analysis
Short Term Liabilities: 9924's short term assets (NT$5.6B) exceed its short term liabilities (NT$1.6B).
Long Term Liabilities: 9924's short term assets (NT$5.6B) exceed its long term liabilities (NT$549.7M).
Debt to Equity History and Analysis
Debt Level: 9924 has more cash than its total debt.
Reducing Debt: 9924's debt to equity ratio has reduced from 11.4% to 4.7% over the past 5 years.
Debt Coverage: 9924's debt is well covered by operating cash flow (421.6%).
Interest Coverage: 9924 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 06:37 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Taiwan Fu Hsing Industrial Co.,Ltd. is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ming Hong Chu | Grand Cathay Securities Corporation |
| Li-chun Chang | Jih Sun Securities Investment Consulting Co., Ltd. |
| Peter Chen | SinoPac Securities Investment Service |