Formosa Plastics Balance Sheet Health
Financial Health criteria checks 3/6
Formosa Plastics has a total shareholder equity of NT$337.4B and total debt of NT$121.1B, which brings its debt-to-equity ratio to 35.9%. Its total assets and total liabilities are NT$531.3B and NT$194.0B respectively.
Key information
35.9%
Debt to equity ratio
NT$121.12b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$86.48b |
| Equity | NT$337.37b |
| Total liabilities | NT$193.96b |
| Total assets | NT$531.33b |
Recent financial health updates
Recent updates
Revenues Tell The Story For Formosa Plastics Corporation (TWSE:1301)
Jun 07
Formosa Plastics Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
May 12Formosa Plastics (TWSE:1301) Is Making Moderate Use Of Debt
Apr 23Formosa Plastics Corporation (TWSE:1301) Analysts Are More Bearish Than They Used To Be
Mar 28Formosa 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$155.3B) exceed its short term liabilities (NT$96.1B).
Long Term Liabilities: 1301's short term assets (NT$155.3B) exceed its long term liabilities (NT$97.8B).
Debt to Equity History and Analysis
Debt Level: 1301's net debt to equity ratio (10.3%) is considered satisfactory.
Reducing Debt: 1301's debt to equity ratio has increased from 23.1% to 35.9% over the past 5 years.
Debt Coverage: 1301's debt is not well covered by operating cash flow (5.6%).
Interest Coverage: Insufficient data to determine if 1301's interest payments on its debt are well covered by EBIT.