Faraday Technology Balance Sheet Health
Financial Health criteria checks 5/6
Faraday Technology has a total shareholder equity of NT$13.5B and total debt of NT$25.0M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are NT$18.4B and NT$4.9B respectively. Faraday Technology's EBIT is NT$1.3B making its interest coverage ratio -8.4. It has cash and short-term investments of NT$8.4B.
Key information
0.2%
Debt to equity ratio
NT$25.00m
Debt
| Interest coverage ratio | -8.4x |
| Cash | NT$8.39b |
| Equity | NT$13.52b |
| Total liabilities | NT$4.91b |
| Total assets | NT$18.43b |
Recent financial health updates
No updates
Recent updates
Earnings Miss: Faraday Technology Corporation Missed EPS By 19% And Analysts Are Revising Their Forecasts
Oct 31
What Is Faraday Technology Corporation's (TWSE:3035) Share Price Doing?
Sep 06Faraday Technology Corporation's (TWSE:3035) Popularity With Investors Is Clear
Jul 18Faraday Technology (TWSE:3035) Will Pay A Smaller Dividend Than Last Year
Jun 13Faraday Technology's (TWSE:3035) Soft Earnings Are Actually Better Than They Appear
Jun 05Financial Position Analysis
Short Term Liabilities: 3035's short term assets (NT$10.9B) exceed its short term liabilities (NT$3.9B).
Long Term Liabilities: 3035's short term assets (NT$10.9B) exceed its long term liabilities (NT$1.0B).
Debt to Equity History and Analysis
Debt Level: 3035 has more cash than its total debt.
Reducing Debt: 3035's debt to equity ratio has increased from 0% to 0.2% over the past 5 years.
Debt Coverage: 3035's debt is well covered by operating cash flow (11995.9%).
Interest Coverage: 3035 earns more interest than it pays, so coverage of interest payments is not a concern.