Forest Water Environmental Engineering Balance Sheet Health
Financial Health criteria checks 4/6
Forest Water Environmental Engineering has a total shareholder equity of NT$7.8B and total debt of NT$5.2B, which brings its debt-to-equity ratio to 65.9%. Its total assets and total liabilities are NT$15.2B and NT$7.4B respectively. Forest Water Environmental Engineering's EBIT is NT$580.9M making its interest coverage ratio 3.7. It has cash and short-term investments of NT$2.4B.
Key information
65.9%
Debt to equity ratio
NT$5.16b
Debt
Interest coverage ratio | 3.7x |
Cash | NT$2.39b |
Equity | NT$7.83b |
Total liabilities | NT$7.37b |
Total assets | NT$15.19b |
Recent financial health updates
Recent updates
Concerns Surrounding Forest Water Environmental Engineering's (TWSE:8473) Performance
Apr 05Revenues Working Against Forest Water Environmental Engineering Co., Ltd.'s (TWSE:8473) Share Price
Mar 21Should You Buy Forest Water Environmental Engineering Co., Ltd. (TPE:8473) For Its Dividend?
Feb 25Is Forest Water Environmental Engineering (TPE:8473) Using Too Much Debt?
Jan 21Forest Water Environmental Engineering Co., Ltd. (TPE:8473) Stock's On A Decline: Are Poor Fundamentals The Cause?
Dec 16Is Forest Water Environmental Engineering (TPE:8473) Likely To Turn Things Around?
Nov 18Financial Position Analysis
Short Term Liabilities: 8473's short term assets (NT$5.4B) exceed its short term liabilities (NT$5.0B).
Long Term Liabilities: 8473's short term assets (NT$5.4B) exceed its long term liabilities (NT$2.3B).
Debt to Equity History and Analysis
Debt Level: 8473's net debt to equity ratio (35.4%) is considered satisfactory.
Reducing Debt: 8473's debt to equity ratio has increased from 63.7% to 65.9% over the past 5 years.
Debt Coverage: 8473's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: 8473's interest payments on its debt are well covered by EBIT (3.7x coverage).