Taiwan Fire & Marine Insurance Balance Sheet Health
Financial Health criteria checks 5/6
Taiwan Fire & Marine Insurance has a total shareholder equity of NT$11.2B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$22.8B and NT$11.6B respectively. Taiwan Fire & Marine Insurance's EBIT is NT$1.2B making its interest coverage ratio 648.5. It has cash and short-term investments of NT$3.8B.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | 648.5x |
| Cash | NT$3.80b |
| Equity | NT$11.19b |
| Total liabilities | NT$11.62b |
| Total assets | NT$22.81b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2832's short term assets (NT$7.4B) do not cover its short term liabilities (NT$11.1B).
Long Term Liabilities: 2832's short term assets (NT$7.4B) exceed its long term liabilities (NT$471.7M).
Debt to Equity History and Analysis
Debt Level: 2832 is debt free.
Reducing Debt: 2832 has not had any debt for past 5 years.
Debt Coverage: 2832 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2832 has no debt, therefore coverage of interest payments is not a concern.