Formosa International Hotels Balance Sheet Health
Financial Health criteria checks 5/6
Formosa International Hotels has a total shareholder equity of NT$4.4B and total debt of NT$86.7M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are NT$10.3B and NT$5.9B respectively. Formosa International Hotels's EBIT is NT$1.6B making its interest coverage ratio -90.5. It has cash and short-term investments of NT$2.9B.
Key information
2.0%
Debt to equity ratio
NT$86.71m
Debt
| Interest coverage ratio | -90.5x |
| Cash | NT$2.85b |
| Equity | NT$4.38b |
| Total liabilities | NT$5.90b |
| Total assets | NT$10.28b |
Recent financial health updates
Is Formosa International Hotels (TWSE:2707) Using Too Much Debt?
Apr 29
We Think Formosa International Hotels (TPE:2707) Can Stay On Top Of Its Debt
Apr 28These 4 Measures Indicate That Formosa International Hotels (TPE:2707) Is Using Debt Reasonably Well
Jan 17
Recent updates
We Think Formosa International Hotels' (TWSE:2707) Healthy Earnings Might Be Conservative
Nov 18Under The Bonnet, Formosa International Hotels' (TWSE:2707) Returns Look Impressive
Aug 07Formosa International Hotels' (TWSE:2707) Upcoming Dividend Will Be Larger Than Last Year's
Jun 13An Intrinsic Calculation For Formosa International Hotels Corporation (TWSE:2707) Suggests It's 22% Undervalued
May 23Is Formosa International Hotels (TWSE:2707) Using Too Much Debt?
Apr 29Statutory Profit Doesn't Reflect How Good Formosa International Hotels' (TWSE:2707) Earnings Are
Mar 19We Think Formosa International Hotels (TPE:2707) Can Stay On Top Of Its Debt
Apr 28Is Formosa International Hotels Corporation (TPE:2707) An Attractive Dividend Stock?
Mar 29Formosa International Hotels (TPE:2707) Has Returned Negative 6.5% To Its Shareholders In The Past Five Years
Mar 14Are Institutions Heavily Invested In Formosa International Hotels Corporation's (TPE:2707) Shares?
Feb 27We Think Formosa International Hotels' (TPE:2707) Statutory Profit Might Understate Its Earnings Potential
Feb 12Returns On Capital At Formosa International Hotels (TPE:2707) Paint An Interesting Picture
Jan 30These 4 Measures Indicate That Formosa International Hotels (TPE:2707) Is Using Debt Reasonably Well
Jan 17Is Weakness In Formosa International Hotels Corporation (TPE:2707) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
Jan 04Is Formosa International Hotels Corporation (TPE:2707) An Attractive Dividend Stock?
Dec 22Would Shareholders Who Purchased Formosa International Hotels' (TPE:2707) Stock Five Years Be Happy With The Share price Today?
Dec 09How Many Formosa International Hotels Corporation (TPE:2707) Shares Do Institutions Own?
Nov 26Financial Position Analysis
Short Term Liabilities: 2707's short term assets (NT$3.4B) exceed its short term liabilities (NT$2.2B).
Long Term Liabilities: 2707's short term assets (NT$3.4B) do not cover its long term liabilities (NT$3.7B).
Debt to Equity History and Analysis
Debt Level: 2707 has more cash than its total debt.
Reducing Debt: 2707's debt to equity ratio has reduced from 55.5% to 2% over the past 5 years.
Debt Coverage: 2707's debt is well covered by operating cash flow (2805.5%).
Interest Coverage: 2707 earns more interest than it pays, so coverage of interest payments is not a concern.