Formosa Laboratories, Inc.

TWSE:4746 Stock Report

Market Cap: NT$10.9b

Formosa Laboratories Balance Sheet Health

Financial Health criteria checks 6/6

Formosa Laboratories has a total shareholder equity of NT$8.1B and total debt of NT$3.6B, which brings its debt-to-equity ratio to 44.7%. Its total assets and total liabilities are NT$13.4B and NT$5.3B respectively. Formosa Laboratories's EBIT is NT$737.2M making its interest coverage ratio 52.9. It has cash and short-term investments of NT$1.9B.

Key information

44.7%

Debt to equity ratio

NT$3.62b

Debt

Interest coverage ratio52.9x
CashNT$1.93b
EquityNT$8.10b
Total liabilitiesNT$5.31b
Total assetsNT$13.41b

Recent financial health updates

Here's Why Formosa Laboratories (TPE:4746) Has A Meaningful Debt Burden

Apr 19
Here's Why Formosa Laboratories (TPE:4746) Has A Meaningful Debt Burden

Formosa Laboratories (TPE:4746) Is Making Moderate Use Of Debt

Jan 11
Formosa Laboratories (TPE:4746) Is Making Moderate Use Of Debt

Recent updates

Risks To Shareholder Returns Are Elevated At These Prices For Formosa Laboratories, Inc. (TWSE:4746)

Sep 20
Risks To Shareholder Returns Are Elevated At These Prices For Formosa Laboratories, Inc. (TWSE:4746)

Investors Can Find Comfort In Formosa Laboratories' (TWSE:4746) Earnings Quality

May 22
Investors Can Find Comfort In Formosa Laboratories' (TWSE:4746) Earnings Quality

Benign Growth For Formosa Laboratories, Inc. (TWSE:4746) Underpins Its Share Price

Apr 19
Benign Growth For Formosa Laboratories, Inc. (TWSE:4746) Underpins Its Share Price

Here's Why Formosa Laboratories (TPE:4746) Has A Meaningful Debt Burden

Apr 19
Here's Why Formosa Laboratories (TPE:4746) Has A Meaningful Debt Burden

Does Formosa Laboratories, Inc.'s (TPE:4746) Weak Fundamentals Mean A Downturn In Its Stock Should Be Expected?

Mar 16
Does Formosa Laboratories, Inc.'s (TPE:4746) Weak Fundamentals Mean A Downturn In Its Stock Should Be Expected?

What Type Of Returns Would Formosa Laboratories'(TPE:4746) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?

Feb 08
What Type Of Returns Would Formosa Laboratories'(TPE:4746) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?

Formosa Laboratories (TPE:4746) Is Making Moderate Use Of Debt

Jan 11
Formosa Laboratories (TPE:4746) Is Making Moderate Use Of Debt

Formosa Laboratories's (TPE:4746) Earnings Are Growing But Is There More To The Story?

Dec 13
Formosa Laboratories's (TPE:4746) Earnings Are Growing But Is There More To The Story?

Financial Position Analysis

Short Term Liabilities: 4746's short term assets (NT$5.1B) exceed its short term liabilities (NT$2.8B).

Long Term Liabilities: 4746's short term assets (NT$5.1B) exceed its long term liabilities (NT$2.5B).

Debt to Equity History and Analysis

Debt Level: 4746's net debt to equity ratio (20.8%) is considered satisfactory.

Reducing Debt: 4746's debt to equity ratio has reduced from 83.3% to 44.7% over the past 5 years.

Debt Coverage: 4746's debt is well covered by operating cash flow (26.6%).

Interest Coverage: 4746's interest payments on its debt are well covered by EBIT (52.9x coverage).

Balance Sheet

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