Formosa Sumco Technology Balance Sheet Health
Financial Health criteria checks 1/6
Formosa Sumco Technology has a total shareholder equity of NT$24.4B and total debt of NT$18.4B, which brings its debt-to-equity ratio to 75.3%. Its total assets and total liabilities are NT$51.3B and NT$26.8B respectively. Formosa Sumco Technology's EBIT is NT$2.2B making its interest coverage ratio 45.8. It has cash and short-term investments of NT$3.4B.
Key information
75.3%
Debt to equity ratio
NT$18.38b
Debt
| Interest coverage ratio | 45.8x |
| Cash | NT$3.44b |
| Equity | NT$24.42b |
| Total liabilities | NT$26.83b |
| Total assets | NT$51.25b |
Recent financial health updates
Is Formosa Sumco Technology (TWSE:3532) Using Too Much Debt?
Dec 13
Is Formosa Sumco Technology (TWSE:3532) A Risky Investment?
Sep 09Recent updates
Is Formosa Sumco Technology (TWSE:3532) Using Too Much Debt?
Dec 13Weak Statutory Earnings May Not Tell The Whole Story For Formosa Sumco Technology (TWSE:3532)
Nov 21The Price Is Right For Formosa Sumco Technology Corporation (TWSE:3532)
Nov 14Returns On Capital At Formosa Sumco Technology (TWSE:3532) Paint A Concerning Picture
Sep 30Is Formosa Sumco Technology (TWSE:3532) A Risky Investment?
Sep 09Formosa Sumco Technology's (TWSE:3532) Dividend Is Being Reduced To NT$5.00
Jul 23Formosa Sumco Technology's (TWSE:3532) Dividend Will Be Reduced To NT$5.00
Jun 30It's A Story Of Risk Vs Reward With Formosa Sumco Technology Corporation (TWSE:3532)
Jun 11Why Formosa Sumco Technology's (TWSE:3532) Shaky Earnings Are Just The Beginning Of Its Problems
Mar 18Potential Upside For Formosa Sumco Technology Corporation (TWSE:3532) Not Without Risk
Feb 26When Should You Buy Formosa Sumco Technology Corporation (TPE:3532)?
Apr 16Formosa Sumco Technology's (TPE:3532) Soft Earnings Don't Show The Whole Picture
Mar 29Here's What To Make Of Formosa Sumco Technology's (TPE:3532) Returns On Capital
Mar 11Formosa Sumco Technology Corporation's (TPE:3532) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Feb 17
How Does Formosa Sumco Technology Corporation (TPE:3532) Fare As A Dividend Stock?
Jan 27Did You Participate In Any Of Formosa Sumco Technology's (TPE:3532) Fantastic 173% Return ?
Jan 06Is It Too Late To Consider Buying Formosa Sumco Technology Corporation (TPE:3532)?
Dec 19Has Formosa Sumco Technology (TPE:3532) Got What It Takes To Become A Multi-Bagger?
Dec 01Financial Position Analysis
Short Term Liabilities: 3532's short term assets (NT$9.3B) do not cover its short term liabilities (NT$11.0B).
Long Term Liabilities: 3532's short term assets (NT$9.3B) do not cover its long term liabilities (NT$15.9B).
Debt to Equity History and Analysis
Debt Level: 3532's net debt to equity ratio (61.2%) is considered high.
Reducing Debt: 3532's debt to equity ratio has increased from 0% to 75.3% over the past 5 years.
Debt Coverage: 3532's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: 3532's interest payments on its debt are well covered by EBIT (45.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 21:35 |
| End of Day Share Price | 2025/01/10 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Formosa Sumco Technology Corporation is covered by 11 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 |
|---|---|
| Takashi Enomoto | BofA Global Research |
| Liyen Chen | Capital Securities Corporation |
| Sebastian Hou | CL Securities Taiwan Company Limited |