Formosa Petrochemical Balance Sheet Health
Financial Health criteria checks 3/6
Formosa Petrochemical has a total shareholder equity of NT$314.8B and total debt of NT$33.4B, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are NT$383.9B and NT$69.1B respectively.
Key information
10.6%
Debt to equity ratio
NT$33.44b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$49.34b |
| Equity | NT$314.85b |
| Total liabilities | NT$69.07b |
| Total assets | NT$383.91b |
Recent financial health updates
Formosa Petrochemical (TWSE:6505) Seems To Use Debt Rather Sparingly
Sep 30
Formosa Petrochemical (TWSE:6505) Has A Rock Solid Balance Sheet
Apr 30Does Formosa Petrochemical (TPE:6505) Have A Healthy Balance Sheet?
Dec 22
Recent updates
Formosa Petrochemical's (TWSE:6505) Anemic Earnings Might Be Worse Than You Think
Nov 12Formosa Petrochemical (TWSE:6505) Seems To Use Debt Rather Sparingly
Sep 30Slammed 25% Formosa Petrochemical Corporation (TWSE:6505) Screens Well Here But There Might Be A Catch
Sep 10Is Formosa Petrochemical Corporation (TWSE:6505) Trading At A 31% Discount?
Aug 26Formosa Petrochemical (TWSE:6505) Could Be At Risk Of Shrinking As A Company
Jul 22A Look At The Intrinsic Value Of Formosa Petrochemical Corporation (TWSE:6505)
May 27Earnings Miss: Formosa Petrochemical Corporation Missed EPS By 42% And Analysts Are Revising Their Forecasts
May 08Formosa Petrochemical (TWSE:6505) Has A Rock Solid Balance Sheet
Apr 30Investor Optimism Abounds Formosa Petrochemical Corporation (TWSE:6505) But Growth Is Lacking
Mar 23These Return Metrics Don't Make Formosa Petrochemical (TWSE:6505) Look Too Strong
Feb 27These Metrics Don't Make Formosa Petrochemical (TPE:6505) Look Too Strong
Mar 10Here's Why We Think Formosa Petrochemical's (TPE:6505) Statutory Earnings Might Be Conservative
Feb 16Calculating The Fair Value Of Formosa Petrochemical Corporation (TPE:6505)
Jan 26Does Formosa Petrochemical Corporation (TPE:6505) Have A Place In Your Dividend Stock Portfolio?
Jan 08Does Formosa Petrochemical (TPE:6505) Have A Healthy Balance Sheet?
Dec 22Is Formosa Petrochemical (TPE:6505) Shrinking?
Nov 30Financial Position Analysis
Short Term Liabilities: 6505's short term assets (NT$218.8B) exceed its short term liabilities (NT$46.2B).
Long Term Liabilities: 6505's short term assets (NT$218.8B) exceed its long term liabilities (NT$22.8B).
Debt to Equity History and Analysis
Debt Level: 6505 has more cash than its total debt.
Reducing Debt: 6505's debt to equity ratio has increased from 5.9% to 10.6% over the past 5 years.
Debt Coverage: 6505's debt is not well covered by operating cash flow (13.4%).
Interest Coverage: Insufficient data to determine if 6505's interest payments on its debt are well covered by EBIT.