Fu Hua Innovation Balance Sheet Health
Financial Health criteria checks 3/6
Fu Hua Innovation has a total shareholder equity of NT$6.9B and total debt of NT$11.6B, which brings its debt-to-equity ratio to 167.7%. Its total assets and total liabilities are NT$22.4B and NT$15.5B respectively. Fu Hua Innovation's EBIT is NT$350.4M making its interest coverage ratio -18.1. It has cash and short-term investments of NT$4.2B.
Key information
167.7%
Debt to equity ratio
NT$11.57b
Debt
| Interest coverage ratio | -18.1x |
| Cash | NT$4.15b |
| Equity | NT$6.90b |
| Total liabilities | NT$15.46b |
| Total assets | NT$22.36b |
Recent financial health updates
ZongTai Real Estate Development (TPE:3056) Has No Shortage Of Debt
Mar 01
ZongTai Real Estate Development (TPE:3056) Use Of Debt Could Be Considered Risky
Nov 28Recent updates
Fu Hua Innovation's (TWSE:3056) Anemic Earnings Might Be Worse Than You Think
Apr 01A Look At The Intrinsic Value Of ZongTai Real Estate Development Co., Ltd. (TPE:3056)
Apr 09ZongTai Real Estate Development (TPE:3056) Has No Shortage Of Debt
Mar 01We Wouldn't Rely On ZongTai Real Estate Development's (TPE:3056) Statutory Earnings As A Guide
Feb 08Should ZongTai Real Estate Development Co., Ltd. (TPE:3056) Be Part Of Your Income Portfolio?
Jan 21Should We Be Cautious About ZongTai Real Estate Development Co., Ltd.'s (TPE:3056) ROE Of 5.9%?
Jan 03Shareholders of ZongTai Real Estate Development (TPE:3056) Must Be Delighted With Their 410% Total Return
Dec 16
ZongTai Real Estate Development (TPE:3056) Use Of Debt Could Be Considered Risky
Nov 28Financial Position Analysis
Short Term Liabilities: 3056's short term assets (NT$21.2B) exceed its short term liabilities (NT$13.2B).
Long Term Liabilities: 3056's short term assets (NT$21.2B) exceed its long term liabilities (NT$2.3B).
Debt to Equity History and Analysis
Debt Level: 3056's net debt to equity ratio (107.5%) is considered high.
Reducing Debt: 3056's debt to equity ratio has increased from 70.4% to 167.7% over the past 5 years.
Debt Coverage: 3056's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3056 earns more interest than it pays, so coverage of interest payments is not a concern.