Far Eastern Department Stores Balance Sheet Health
Financial Health criteria checks 4/6
Far Eastern Department Stores has a total shareholder equity of NT$37.3B and total debt of NT$28.7B, which brings its debt-to-equity ratio to 77%. Its total assets and total liabilities are NT$137.6B and NT$100.3B respectively. Far Eastern Department Stores's EBIT is NT$4.1B making its interest coverage ratio 4.5. It has cash and short-term investments of NT$16.3B.
Key information
77.0%
Debt to equity ratio
NT$28.68b
Debt
| Interest coverage ratio | 4.5x |
| Cash | NT$16.30b |
| Equity | NT$37.26b |
| Total liabilities | NT$100.31b |
| Total assets | NT$137.57b |
Recent financial health updates
Far Eastern Department Stores (TWSE:2903) Seems To Use Debt Quite Sensibly
Apr 28
Far Eastern Department Stores (TPE:2903) Takes On Some Risk With Its Use Of Debt
Jan 07
Recent updates
Returns On Capital At Far Eastern Department Stores (TWSE:2903) Have Hit The Brakes
Sep 16Far Eastern Department Stores' (TWSE:2903) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 03Far Eastern Department Stores (TWSE:2903) Seems To Use Debt Quite Sensibly
Apr 28Shareholders Will Be Pleased With The Quality of Far Eastern Department Stores' (TWSE:2903) Earnings
Mar 22There Is A Reason Far Eastern Department Stores, Ltd.'s (TWSE:2903) Price Is Undemanding
Mar 16Should Far Eastern Department Stores, Ltd. (TPE:2903) Be Part Of Your Dividend Portfolio?
Mar 04Is Far Eastern Department Stores, Ltd.'s (TPE:2903) Stock Price Struggling As A Result Of Its Mixed Financials?
Feb 11Is There More To The Story Than Far Eastern Department Stores's (TPE:2903) Earnings Growth?
Jan 24Far Eastern Department Stores (TPE:2903) Takes On Some Risk With Its Use Of Debt
Jan 07Shareholders Of Far Eastern Department Stores (TPE:2903) Must Be Happy With Their 83% Return
Dec 23The Returns At Far Eastern Department Stores (TPE:2903) Provide Us With Signs Of What's To Come
Dec 08Should You Or Shouldn't You: A Dividend Analysis on Far Eastern Department Stores, Ltd. (TPE:2903)
Nov 23Financial Position Analysis
Short Term Liabilities: 2903's short term assets (NT$20.8B) do not cover its short term liabilities (NT$41.0B).
Long Term Liabilities: 2903's short term assets (NT$20.8B) do not cover its long term liabilities (NT$59.3B).
Debt to Equity History and Analysis
Debt Level: 2903's net debt to equity ratio (33.2%) is considered satisfactory.
Reducing Debt: 2903's debt to equity ratio has reduced from 82.3% to 77% over the past 5 years.
Debt Coverage: 2903's debt is well covered by operating cash flow (24%).
Interest Coverage: 2903's interest payments on its debt are well covered by EBIT (4.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/01 02:51 |
| End of Day Share Price | 2025/01/22 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 here.
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 .
Analyst Sources
Far Eastern Department Stores, Ltd. is covered by 18 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 |
|---|---|
| Michelle Cheng | BNP Paribas Securities (Asia) |
| Pinjing Zeng | Capital Securities Corporation |
| Peter Kurz | Citigroup Inc |