Farglory Life Insurance Balance Sheet Health
Financial Health criteria checks 5/6
Farglory Life Insurance has a total shareholder equity of NT$38.4B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$699.6B and NT$661.2B respectively. Farglory Life Insurance's EBIT is NT$476.2M making its interest coverage ratio 90.3. It has cash and short-term investments of NT$149.1B.
Key information
0%
Debt to equity ratio
NT$0
Debt
Interest coverage ratio | 90.3x |
Cash | NT$149.09b |
Equity | NT$38.41b |
Total liabilities | NT$661.20b |
Total assets | NT$699.61b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5859's short term assets (NT$170.8B) exceed its short term liabilities (NT$8.8B).
Long Term Liabilities: 5859's short term assets (NT$170.8B) do not cover its long term liabilities (NT$652.4B).
Debt to Equity History and Analysis
Debt Level: 5859 is debt free.
Reducing Debt: 5859 had no debt 5 years ago.
Debt Coverage: 5859 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 5859 has no debt, therefore coverage of interest payments is not a concern.