Fortune Oriental Balance Sheet Health
Financial Health criteria checks 6/6
Fortune Oriental has a total shareholder equity of NT$1.2B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$1.4B and NT$195.0M respectively.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | n/a |
| Cash | NT$708.08m |
| Equity | NT$1.20b |
| Total liabilities | NT$194.98m |
| Total assets | NT$1.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2491's short term assets (NT$1.1B) exceed its short term liabilities (NT$158.9M).
Long Term Liabilities: 2491's short term assets (NT$1.1B) exceed its long term liabilities (NT$36.1M).
Debt to Equity History and Analysis
Debt Level: 2491 is debt free.
Reducing Debt: 2491 has no debt compared to 5 years ago when its debt to equity ratio was 164.3%.
Debt Coverage: 2491 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2491 has no debt, therefore coverage of interest payments is not a concern.