Fulin Plastic Industry (Cayman) Holding Balance Sheet Health
Financial Health criteria checks 6/6
Fulin Plastic Industry (Cayman) Holding has a total shareholder equity of NT$1.2B and total debt of NT$475.6M, which brings its debt-to-equity ratio to 40.5%. Its total assets and total liabilities are NT$2.3B and NT$1.1B respectively. Fulin Plastic Industry (Cayman) Holding's EBIT is NT$268.7M making its interest coverage ratio 28. It has cash and short-term investments of NT$452.5M.
Key information
40.5%
Debt to equity ratio
NT$475.62m
Debt
| Interest coverage ratio | 28x |
| Cash | NT$452.55m |
| Equity | NT$1.18b |
| Total liabilities | NT$1.09b |
| Total assets | NT$2.26b |
Recent financial health updates
Is Fulin Plastic Industry (Cayman) Holding (TPE:1341) Using Too Much Debt?
Apr 18
Is Fulin Plastic Industry (Cayman) Holding (TPE:1341) A Risky Investment?
Jan 04Recent updates
Some Investors May Be Willing To Look Past Fulin Plastic Industry (Cayman) Holding's (TWSE:1341) Soft Earnings
Mar 20Is Fulin Plastic Industry (Cayman) Holding (TPE:1341) Using Too Much Debt?
Apr 18Are Dividend Investors Making A Mistake With Fulin Plastic Industry (Cayman) Holding Co., Ltd. (TPE:1341)?
Mar 07Is Fulin Plastic Industry (Cayman) Holding Co., Ltd.'s (TPE:1341) Stock's Recent Performance A Reflection Of Its Financial Health?
Feb 08Is Fulin Plastic Industry (Cayman) Holding (TPE:1341) A Risky Investment?
Jan 04Tread With Caution Around Fulin Plastic Industry (Cayman) Holding Co., Ltd.'s (TPE:1341) 8.4% Dividend Yield
Dec 06Financial Position Analysis
Short Term Liabilities: 1341's short term assets (NT$1.6B) exceed its short term liabilities (NT$1.0B).
Long Term Liabilities: 1341's short term assets (NT$1.6B) exceed its long term liabilities (NT$40.6M).
Debt to Equity History and Analysis
Debt Level: 1341's net debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: 1341's debt to equity ratio has reduced from 58.6% to 40.5% over the past 5 years.
Debt Coverage: 1341's debt is well covered by operating cash flow (128.4%).
Interest Coverage: 1341's interest payments on its debt are well covered by EBIT (28x coverage).