Formosa Sumco Technology Balance Sheet Health
Financial Health criteria checks 4/6
Formosa Sumco Technology has a total shareholder equity of NT$25.4B and total debt of NT$11.5B, which brings its debt-to-equity ratio to 45.2%. Its total assets and total liabilities are NT$49.2B and NT$23.7B respectively. Formosa Sumco Technology's EBIT is NT$4.1B making its interest coverage ratio -49. It has cash and short-term investments of NT$4.3B.
Key information
45.2%
Debt to equity ratio
NT$11.50b
Debt
| Interest coverage ratio | -49x |
| Cash | NT$4.32b |
| Equity | NT$25.45b |
| Total liabilities | NT$23.74b |
| Total assets | NT$49.19b |
Recent financial health updates
No updates
Recent updates
Why Formosa Sumco Technology's (TWSE:3532) Shaky Earnings Are Just The Beginning Of Its Problems
Mar 18
Potential 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$11.7B) exceed its short term liabilities (NT$8.4B).
Long Term Liabilities: 3532's short term assets (NT$11.7B) do not cover its long term liabilities (NT$15.3B).
Debt to Equity History and Analysis
Debt Level: 3532's net debt to equity ratio (28.2%) is considered satisfactory.
Reducing Debt: 3532's debt to equity ratio has increased from 0% to 45.2% over the past 5 years.
Debt Coverage: 3532's debt is well covered by operating cash flow (31.7%).
Interest Coverage: 3532 earns more interest than it pays, so coverage of interest payments is not a concern.