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 4.3. It has cash and short-term investments of NT$15.2B.
Key information
77.0%
Debt to equity ratio
NT$28.68b
Debt
| Interest coverage ratio | 4.3x |
| Cash | NT$15.20b |
| 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$19.7B) do not cover its short term liabilities (NT$41.0B).
Long Term Liabilities: 2903's short term assets (NT$19.7B) 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 (36.2%) 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 (4.3x coverage).