First Copper Technology Balance Sheet Health
Financial Health criteria checks 4/6
First Copper Technology has a total shareholder equity of NT$6.0B and total debt of NT$1.6B, which brings its debt-to-equity ratio to 26%. Its total assets and total liabilities are NT$7.9B and NT$2.0B respectively.
Key information
26.0%
Debt to equity ratio
NT$1.55b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$68.58m |
| Equity | NT$5.98b |
| Total liabilities | NT$1.96b |
| Total assets | NT$7.94b |
Recent financial health updates
We Think First Copper Technology (TPE:2009) Has A Fair Chunk Of Debt
Apr 04
We Think First Copper Technology (TPE:2009) Has A Fair Chunk Of Debt
Dec 25
Recent updates
Optimistic Investors Push First Copper Technology Co., Ltd. (TWSE:2009) Shares Up 28% But Growth Is Lacking
Apr 01First Copper Technology's (TPE:2009) Solid Earnings May Rest On Weak Foundations
Apr 05We Think First Copper Technology (TPE:2009) Has A Fair Chunk Of Debt
Apr 04First Copper Technology (TPE:2009) Shareholders Have Enjoyed An Impressive 243% Share Price Gain
Feb 15We Think First Copper Technology (TPE:2009) Has A Fair Chunk Of Debt
Dec 25Financial Position Analysis
Short Term Liabilities: 2009's short term assets (NT$2.2B) exceed its short term liabilities (NT$1.7B).
Long Term Liabilities: 2009's short term assets (NT$2.2B) exceed its long term liabilities (NT$266.9M).
Debt to Equity History and Analysis
Debt Level: 2009's net debt to equity ratio (24.8%) is considered satisfactory.
Reducing Debt: 2009's debt to equity ratio has reduced from 28.6% to 26% over the past 5 years.
Debt Coverage: 2009's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: Insufficient data to determine if 2009's interest payments on its debt are well covered by EBIT.