Formosa Plastics Balance Sheet Health
Financial Health criteria checks 3/6
Formosa Plastics has a total shareholder equity of NT$341.1B and total debt of NT$149.3B, which brings its debt-to-equity ratio to 43.8%. Its total assets and total liabilities are NT$549.3B and NT$208.2B respectively.
Key information
43.8%
Debt to equity ratio
NT$149.26b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$80.95b |
| Equity | NT$341.09b |
| Total liabilities | NT$208.19b |
| Total assets | NT$549.28b |
Recent financial health updates
We Think Formosa Plastics (TWSE:1301) Has A Fair Chunk Of Debt
Jul 30
Formosa Plastics (TWSE:1301) Is Making Moderate Use Of Debt
Apr 23Recent updates
Investors Still Waiting For A Pull Back In Formosa Plastics Corporation (TWSE:1301)
Sep 07We Think Formosa Plastics (TWSE:1301) Has A Fair Chunk Of Debt
Jul 30Revenues Tell The Story For Formosa Plastics Corporation (TWSE:1301)
Jun 07Formosa 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$161.2B) exceed its short term liabilities (NT$116.1B).
Long Term Liabilities: 1301's short term assets (NT$161.2B) exceed its long term liabilities (NT$92.1B).
Debt to Equity History and Analysis
Debt Level: 1301's net debt to equity ratio (20%) is considered satisfactory.
Reducing Debt: 1301's debt to equity ratio has increased from 24.6% to 43.8% over the past 5 years.
Debt Coverage: 1301's debt is not well covered by operating cash flow (1.3%).
Interest Coverage: Insufficient data to determine if 1301's interest payments on its debt are well covered by EBIT.