Farglory Land Development Balance Sheet Health
Financial Health criteria checks 3/6
Farglory Land Development has a total shareholder equity of NT$44.0B and total debt of NT$31.6B, which brings its debt-to-equity ratio to 71.8%. Its total assets and total liabilities are NT$97.0B and NT$53.0B respectively. Farglory Land Development's EBIT is NT$4.0B making its interest coverage ratio -2683. It has cash and short-term investments of NT$7.2B.
Key information
71.8%
Debt to equity ratio
NT$31.57b
Debt
| Interest coverage ratio | -2683x |
| Cash | NT$7.23b |
| Equity | NT$43.98b |
| Total liabilities | NT$52.99b |
| Total assets | NT$96.96b |
Recent financial health updates
Farglory Land Development (TWSE:5522) Has A Somewhat Strained Balance Sheet
Jul 12
We Think Farglory Land Development (TPE:5522) Can Stay On Top Of Its Debt
Apr 13Farglory Land Development (TPE:5522) Has A Pretty Healthy Balance Sheet
Jan 05Recent updates
Farglory Land Development (TWSE:5522) Has A Somewhat Strained Balance Sheet
Jul 12Farglory Land Development (TWSE:5522) Has Announced A Dividend Of NT$2.50
Jun 09Farglory Land Development (TWSE:5522) Is Due To Pay A Dividend Of NT$2.50
May 09Farglory Land Development Co., Ltd. (TWSE:5522) Stock Catapults 27% Though Its Price And Business Still Lag The Market
Apr 29Farglory 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$85.1B) exceed its short term liabilities (NT$51.2B).
Long Term Liabilities: 5522's short term assets (NT$85.1B) exceed its long term liabilities (NT$1.7B).
Debt to Equity History and Analysis
Debt Level: 5522's net debt to equity ratio (55.3%) is considered high.
Reducing Debt: 5522's debt to equity ratio has increased from 50.2% to 71.8% over the past 5 years.
Debt Coverage: 5522's debt is not well covered by operating cash flow (3.4%).
Interest Coverage: 5522 earns more interest than it pays, so coverage of interest payments is not a concern.