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
Returns At Faraday Technology (TWSE:3035) Appear To Be Weighed Down
Dec 17
Earnings Miss: Faraday Technology Corporation Missed EPS By 19% And Analysts Are Revising Their Forecasts
Oct 31What 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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 23:07 |
| End of Day Share Price | 2025/01/02 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Faraday Technology Corporation is covered by 15 analysts. 9 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 |
|---|---|
| Mike Yang | BofA Global Research |
| Liyen Chen | Capital Securities Corporation |
| Rick Hsu | Daiwa Securities Co. Ltd. |