Formosa Sumco Technology Balance Sheet Health
Financial Health criteria checks 3/6
Formosa Sumco Technology has a total shareholder equity of NT$23.9B and total debt of NT$11.4B, which brings its debt-to-equity ratio to 47.8%. Its total assets and total liabilities are NT$48.5B and NT$24.7B respectively. Formosa Sumco Technology's EBIT is NT$3.4B making its interest coverage ratio -68.8. It has cash and short-term investments of NT$2.0B.
Key information
47.8%
Debt to equity ratio
NT$11.42b
Debt
Interest coverage ratio | -68.8x |
Cash | NT$1.97b |
Equity | NT$23.89b |
Total liabilities | NT$24.66b |
Total assets | NT$48.55b |
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 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 17How 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$8.4B) do not cover its short term liabilities (NT$10.3B).
Long Term Liabilities: 3532's short term assets (NT$8.4B) do not cover its long term liabilities (NT$14.3B).
Debt to Equity History and Analysis
Debt Level: 3532's net debt to equity ratio (39.6%) is considered satisfactory.
Reducing Debt: 3532's debt to equity ratio has increased from 0% to 47.8% over the past 5 years.
Debt Coverage: 3532's debt is well covered by operating cash flow (34.9%).
Interest Coverage: 3532 earns more interest than it pays, so coverage of interest payments is not a concern.