Hon Hai Precision Industry Balance Sheet Health
Financial Health criteria checks 6/6
Hon Hai Precision Industry has a total shareholder equity of NT$1,686.2B and total debt of NT$921.2B, which brings its debt-to-equity ratio to 54.6%. Its total assets and total liabilities are NT$3,939.8B and NT$2,253.5B respectively. Hon Hai Precision Industry's EBIT is NT$166.5B making its interest coverage ratio -7.8. It has cash and short-term investments of NT$1,349.6B.
Key information
54.6%
Debt to equity ratio
NT$921.22b
Debt
| Interest coverage ratio | -7.8x |
| Cash | NT$1.35t |
| Equity | NT$1.69t |
| Total liabilities | NT$2.25t |
| Total assets | NT$3.94t |
Recent financial health updates
Recent updates
Estimating The Intrinsic Value Of Hon Hai Precision Industry Co., Ltd. (TWSE:2317)
Apr 09
We Think Hon Hai Precision Industry's (TWSE:2317) Solid Earnings Are Understated
Mar 23Hon Hai Precision Industry Co., Ltd. (TWSE:2317) Just Reported And Analysts Have Been Lifting Their Price Targets
Mar 18Hon Hai Precision Industry Co., Ltd. (TWSE:2317) Stock Catapults 30% Though Its Price And Business Still Lag The Market
Mar 15Estimating The Fair Value Of Hon Hai Precision Industry Co., Ltd. (TPE:2317)
Jan 17
Has Hon Hai Precision Industry (TPE:2317) Got What It Takes To Become A Multi-Bagger?
Jan 04Is Hon Hai Precision Industry (TPE:2317) Using Too Much Debt?
Dec 22Reflecting on Hon Hai Precision Industry's (TPE:2317) Share Price Returns Over The Last Three Years
Dec 09Does Hon Hai Precision Industry's (TPE:2317) Statutory Profit Adequately Reflect Its Underlying Profit?
Nov 26Financial Position Analysis
Short Term Liabilities: 2317's short term assets (NT$3,036.0B) exceed its short term liabilities (NT$1,909.3B).
Long Term Liabilities: 2317's short term assets (NT$3,036.0B) exceed its long term liabilities (NT$344.2B).
Debt to Equity History and Analysis
Debt Level: 2317 has more cash than its total debt.
Reducing Debt: 2317's debt to equity ratio has reduced from 58.4% to 54.6% over the past 5 years.
Debt Coverage: 2317's debt is well covered by operating cash flow (48.4%).
Interest Coverage: 2317 earns more interest than it pays, so coverage of interest payments is not a concern.