Formosa Plastics Balance Sheet Health
Financial Health criteria checks 3/6
Formosa Plastics has a total shareholder equity of NT$347.4B and total debt of NT$130.8B, which brings its debt-to-equity ratio to 37.7%. Its total assets and total liabilities are NT$530.7B and NT$183.4B respectively.
Key information
37.7%
Debt to equity ratio
NT$130.79b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$98.53b |
| Equity | NT$347.36b |
| Total liabilities | NT$183.38b |
| Total assets | NT$530.74b |
Recent financial health updates
No updates
Recent updates
Formosa Plastics Corporation (TWSE:1301) Analysts Are More Bearish Than They Used To Be
Mar 28
Formosa Plastics' (TWSE:1301) Anemic Earnings Might Be Worse Than You Think
Mar 14What You Can Learn From Formosa Plastics Corporation's (TWSE:1301) P/S
Feb 26Investors In Formosa Plastics Corporation (TPE:1301) Should Consider This, First
Apr 17Will The ROCE Trend At Formosa Plastics (TPE:1301) Continue?
Mar 18Are Investors Undervaluing Formosa Plastics Corporation (TPE:1301) By 34%?
Feb 27Formosa Plastics (TPE:1301) Has Compensated Shareholders With A Respectable 53% Return On Their Investment
Feb 06
Financial Position Analysis
Short Term Liabilities: 1301's short term assets (NT$159.6B) exceed its short term liabilities (NT$103.1B).
Long Term Liabilities: 1301's short term assets (NT$159.6B) exceed its long term liabilities (NT$80.3B).
Debt to Equity History and Analysis
Debt Level: 1301's net debt to equity ratio (9.3%) is considered satisfactory.
Reducing Debt: 1301's debt to equity ratio has increased from 25.3% to 37.7% over the past 5 years.
Debt Coverage: 1301's debt is not well covered by operating cash flow (4.7%).
Interest Coverage: Insufficient data to determine if 1301's interest payments on its debt are well covered by EBIT.