First Insurance Balance Sheet Health
Financial Health criteria checks 5/6
First Insurance has a total shareholder equity of NT$8.4B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$19.9B and NT$11.5B respectively. First Insurance's EBIT is NT$946.8M making its interest coverage ratio 3345.7. It has cash and short-term investments of NT$3.2B.
Key information
0%
Debt to equity ratio
NT$0
Debt
Interest coverage ratio | 3345.7x |
Cash | NT$3.17b |
Equity | NT$8.41b |
Total liabilities | NT$11.52b |
Total assets | NT$19.93b |
Recent financial health updates
No updates
Recent updates
Are Dividend Investors Getting More Than They Bargained For With The First Insurance Co., Ltd.'s (TPE:2852) Dividend?
Apr 13First Insurance (TPE:2852) Has Compensated Shareholders With A Respectable 44% Return On Their Investment
Feb 17How Does The First Insurance Co., Ltd. (TPE:2852) Fare As A Dividend Stock?
Jan 13The Market Doesn't Like What It Sees From The First Insurance Co., Ltd.'s (TPE:2852) Earnings Yet
Dec 09Financial Position Analysis
Short Term Liabilities: 2852's short term assets (NT$4.4B) do not cover its short term liabilities (NT$11.2B).
Long Term Liabilities: 2852's short term assets (NT$4.4B) exceed its long term liabilities (NT$367.6M).
Debt to Equity History and Analysis
Debt Level: 2852 is debt free.
Reducing Debt: 2852 has not had any debt for past 5 years.
Debt Coverage: 2852 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2852 has no debt, therefore coverage of interest payments is not a concern.