Formosa Plastics Corporation

TWSE:1301 Stock Report

Market Cap: NT$385.8b

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 ration/a
CashNT$86.48b
EquityNT$337.37b
Total liabilitiesNT$193.96b
Total assetsNT$531.33b

Recent financial health updates

Recent updates

Revenues Tell The Story For Formosa Plastics Corporation (TWSE:1301)

Jun 07
Revenues Tell The Story For Formosa Plastics Corporation (TWSE:1301)

Formosa Plastics Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

May 12
Formosa Plastics Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Formosa Plastics (TWSE:1301) Is Making Moderate Use Of Debt

Apr 23
Formosa Plastics (TWSE:1301) Is Making Moderate Use Of Debt

Formosa Plastics Corporation (TWSE:1301) Analysts Are More Bearish Than They Used To Be

Mar 28
Formosa Plastics Corporation (TWSE:1301) Analysts Are More Bearish Than They Used To Be

Formosa Plastics' (TWSE:1301) Anemic Earnings Might Be Worse Than You Think

Mar 14
Formosa Plastics' (TWSE:1301) Anemic Earnings Might Be Worse Than You Think

What You Can Learn From Formosa Plastics Corporation's (TWSE:1301) P/S

Feb 26
What You Can Learn From Formosa Plastics Corporation's (TWSE:1301) P/S

Investors In Formosa Plastics Corporation (TPE:1301) Should Consider This, First

Apr 17
Investors In Formosa Plastics Corporation (TPE:1301) Should Consider This, First

Will The ROCE Trend At Formosa Plastics (TPE:1301) Continue?

Mar 18
Will The ROCE Trend At Formosa Plastics (TPE:1301) Continue?

Are Investors Undervaluing Formosa Plastics Corporation (TPE:1301) By 34%?

Feb 27
Are Investors Undervaluing Formosa Plastics Corporation (TPE:1301) By 34%?

Formosa Plastics (TPE:1301) Has Compensated Shareholders With A Respectable 53% Return On Their Investment

Feb 06
Formosa Plastics (TPE:1301) Has Compensated Shareholders With A Respectable 53% Return On Their Investment

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.


Balance Sheet


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