Fortune Information Systems Balance Sheet Health
Financial Health criteria checks 6/6
Fortune Information Systems has a total shareholder equity of NT$1.2B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$1.9B and NT$705.3M respectively. Fortune Information Systems's EBIT is NT$75.8M making its interest coverage ratio -26.9. It has cash and short-term investments of NT$257.1M.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | -26.9x |
| Cash | NT$257.10m |
| Equity | NT$1.21b |
| Total liabilities | NT$705.33m |
| Total assets | NT$1.92b |
Recent financial health updates
Recent updates
Shareholders Can Be Confident That Fortune Information Systems' (TWSE:2468) Earnings Are High Quality
Apr 04
Fortune Information Systems (TPE:2468) Has More To Do To Multiply In Value Going Forward
Apr 26Fortune Information Systems Corp (TPE:2468) Is Yielding 3.8% - But Is It A Buy?
Mar 16Fortune Information Systems (TPE:2468) Could Easily Take On More Debt
Feb 15What Do The Returns At Fortune Information Systems (TPE:2468) Mean Going Forward?
Jan 19
Is Fortune Information Systems Corp (TPE:2468) A Good Fit For Your Dividend Portfolio?
Dec 15Financial Position Analysis
Short Term Liabilities: 2468's short term assets (NT$1.4B) exceed its short term liabilities (NT$694.5M).
Long Term Liabilities: 2468's short term assets (NT$1.4B) exceed its long term liabilities (NT$10.9M).
Debt to Equity History and Analysis
Debt Level: 2468 is debt free.
Reducing Debt: 2468 has no debt compared to 5 years ago when its debt to equity ratio was 11.7%.
Debt Coverage: 2468 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2468 has no debt, therefore coverage of interest payments is not a concern.