First Copper Technology Balance Sheet Health
Financial Health criteria checks 6/6
First Copper Technology has a total shareholder equity of NT$8.7B and total debt of NT$1.5B, which brings its debt-to-equity ratio to 17%. Its total assets and total liabilities are NT$10.6B and NT$1.9B respectively. First Copper Technology's EBIT is NT$66.5M making its interest coverage ratio -0.4. It has cash and short-term investments of NT$138.7M.
Key information
17.0%
Debt to equity ratio
NT$1.48b
Debt
| Interest coverage ratio | -0.4x |
| Cash | NT$138.72m |
| Equity | NT$8.70b |
| Total liabilities | NT$1.92b |
| Total assets | NT$10.62b |
Recent financial health updates
First Copper Technology (TWSE:2009) Is Carrying A Fair Bit Of Debt
Aug 07
We Think First Copper Technology (TPE:2009) Has A Fair Chunk Of Debt
Apr 04We Think First Copper Technology (TPE:2009) Has A Fair Chunk Of Debt
Dec 25
Recent updates
First Copper Technology (TWSE:2009) Is Carrying A Fair Bit Of Debt
Aug 07What First Copper Technology Co., Ltd.'s (TWSE:2009) 26% Share Price Gain Is Not Telling You
May 22Optimistic 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$2.4B) exceed its short term liabilities (NT$1.7B).
Long Term Liabilities: 2009's short term assets (NT$2.4B) exceed its long term liabilities (NT$266.9M).
Debt to Equity History and Analysis
Debt Level: 2009's net debt to equity ratio (15.4%) is considered satisfactory.
Reducing Debt: 2009's debt to equity ratio has reduced from 27.2% to 17% over the past 5 years.
Debt Coverage: 2009's debt is well covered by operating cash flow (20.8%).
Interest Coverage: 2009 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 20:26 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
First Copper Technology Co., Ltd. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Chi-Chang Chan | Jih Sun Securities Investment Consulting Co., Ltd. |
| Marc Wang | KGI Securities Co. Ltd. |