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$323.1M, which brings its debt-to-equity ratio to 4.4%. 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
4.4%
Debt to equity ratio
NT$323.05m
Debt
| Interest coverage ratio | -15.1x |
| Cash | NT$3.12b |
| 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 4.4% over the past 5 years.
Debt Coverage: 9924's debt is well covered by operating cash flow (449%).
Interest Coverage: 9924 earns more interest than it pays, so coverage of interest payments is not a concern.