Farglory Land Development Balance Sheet Health
Financial Health criteria checks 3/6
Farglory Land Development has a total shareholder equity of NT$45.5B and total debt of NT$32.8B, which brings its debt-to-equity ratio to 72.1%. Its total assets and total liabilities are NT$96.1B and NT$50.7B respectively. Farglory Land Development's EBIT is NT$4.7B making its interest coverage ratio 142.6. It has cash and short-term investments of NT$8.0B.
Key information
72.1%
Debt to equity ratio
NT$32.79b
Debt
| Interest coverage ratio | 142.6x |
| Cash | NT$8.02b |
| Equity | NT$45.47b |
| Total liabilities | NT$50.67b |
| Total assets | NT$96.14b |
Recent financial health updates
We Think Farglory Land Development (TPE:5522) Can Stay On Top Of Its Debt
Apr 13
Farglory Land Development (TPE:5522) Has A Pretty Healthy Balance Sheet
Jan 05Recent updates
Farglory Land Development (TWSE:5522) Is Due To Pay A Dividend Of NT$2.50
Apr 25Farglory Land Development (TWSE:5522) Is Due To Pay A Dividend Of NT$2.50
Mar 18We Think Farglory Land Development (TPE:5522) Can Stay On Top Of Its Debt
Apr 13Should You Be Adding Farglory Land Development (TPE:5522) To Your Watchlist Today?
Mar 29Can Farglory Land Development Co., Ltd.'s (TPE:5522) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?
Mar 09Something To Consider Before Buying Farglory Land Development Co., Ltd. (TPE:5522) For The 3.9% Dividend
Feb 15Farglory Land Development (TPE:5522) Has Gifted Shareholders With A Fantastic 104% Total Return On Their Investment
Jan 25
Farglory Land Development (TPE:5522) Has A Pretty Healthy Balance Sheet
Jan 05Do Farglory Land Development's (TPE:5522) Earnings Warrant Your Attention?
Dec 15Farglory Land Development Co., Ltd.'s (TPE:5522) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?
Nov 27Financial Position Analysis
Short Term Liabilities: 5522's short term assets (NT$84.2B) exceed its short term liabilities (NT$48.9B).
Long Term Liabilities: 5522's short term assets (NT$84.2B) exceed its long term liabilities (NT$1.8B).
Debt to Equity History and Analysis
Debt Level: 5522's net debt to equity ratio (54.5%) is considered high.
Reducing Debt: 5522's debt to equity ratio has increased from 59.1% to 72.1% over the past 5 years.
Debt Coverage: 5522's debt is not well covered by operating cash flow (5%).
Interest Coverage: 5522's interest payments on its debt are well covered by EBIT (142.6x coverage).