Firich Enterprises Balance Sheet Health
Financial Health criteria checks 5/6
Firich Enterprises has a total shareholder equity of NT$4.1B and total debt of NT$1.7B, which brings its debt-to-equity ratio to 42%. Its total assets and total liabilities are NT$6.4B and NT$2.4B respectively. Firich Enterprises's EBIT is NT$138.3M making its interest coverage ratio -28.6. It has cash and short-term investments of NT$1.3B.
Key information
42.0%
Debt to equity ratio
NT$1.70b
Debt
| Interest coverage ratio | -28.6x |
| Cash | NT$1.28b |
| Equity | NT$4.05b |
| Total liabilities | NT$2.40b |
| Total assets | NT$6.45b |
Recent financial health updates
Is Firich Enterprises (GTSM:8076) Using Too Much Debt?
Mar 24
Here's Why Firich Enterprises (GTSM:8076) Can Manage Its Debt Responsibly
Dec 03
Recent updates
Is Firich Enterprises (GTSM:8076) Using Too Much Debt?
Mar 24These Metrics Don't Make Firich Enterprises (GTSM:8076) Look Too Strong
Feb 17Reflecting on Firich Enterprises' (GTSM:8076) Share Price Returns Over The Last Five Years
Jan 14Here's Why Firich Enterprises (GTSM:8076) Can Manage Its Debt Responsibly
Dec 03Financial Position Analysis
Short Term Liabilities: 8076's short term assets (NT$2.7B) exceed its short term liabilities (NT$1.8B).
Long Term Liabilities: 8076's short term assets (NT$2.7B) exceed its long term liabilities (NT$585.8M).
Debt to Equity History and Analysis
Debt Level: 8076's net debt to equity ratio (10.4%) is considered satisfactory.
Reducing Debt: 8076's debt to equity ratio has reduced from 48.4% to 42% over the past 5 years.
Debt Coverage: 8076's debt is not well covered by operating cash flow (16.4%).
Interest Coverage: 8076 earns more interest than it pays, so coverage of interest payments is not a concern.