Femco Steel Technology Balance Sheet Health
Financial Health criteria checks 5/6
Femco Steel Technology has a total shareholder equity of NT$885.2M and total debt of NT$343.0M, which brings its debt-to-equity ratio to 38.7%. Its total assets and total liabilities are NT$1.8B and NT$886.0M respectively. Femco Steel Technology's EBIT is NT$141.2M making its interest coverage ratio 375.6. It has cash and short-term investments of NT$489.2M.
Key information
38.7%
Debt to equity ratio
NT$342.98m
Debt
| Interest coverage ratio | 375.6x |
| Cash | NT$489.16m |
| Equity | NT$885.17m |
| Total liabilities | NT$885.96m |
| Total assets | NT$1.77b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 6731's short term assets (NT$1.1B) exceed its short term liabilities (NT$645.8M).
Long Term Liabilities: 6731's short term assets (NT$1.1B) exceed its long term liabilities (NT$240.2M).
Debt to Equity History and Analysis
Debt Level: 6731 has more cash than its total debt.
Reducing Debt: 6731's debt to equity ratio has increased from 6.7% to 38.7% over the past 5 years.
Debt Coverage: 6731's debt is well covered by operating cash flow (43.1%).
Interest Coverage: 6731's interest payments on its debt are well covered by EBIT (375.6x coverage).