Favite Balance Sheet Health
Financial Health criteria checks 5/6
Favite has a total shareholder equity of NT$1.1B and total debt of NT$254.3M, which brings its debt-to-equity ratio to 23.1%. Its total assets and total liabilities are NT$1.7B and NT$560.9M respectively.
Key information
23.1%
Debt to equity ratio
NT$254.31m
Debt
Interest coverage ratio | n/a |
Cash | NT$609.79m |
Equity | NT$1.10b |
Total liabilities | NT$560.95m |
Total assets | NT$1.66b |
Recent financial health updates
Favite (TPE:3535) Has A Pretty Healthy Balance Sheet
Mar 28Favite (TPE:3535) Is Carrying A Fair Bit Of Debt
Dec 21Recent updates
Favite, Inc.'s (TWSE:3535) Business Is Trailing The Industry But Its Shares Aren't
Apr 03Favite (TPE:3535) Has A Pretty Healthy Balance Sheet
Mar 28Is Favite, Inc.'s (TPE:3535) 2.6% Dividend Worth Your Time?
Mar 01The Favite (TPE:3535) Share Price Has Gained 118%, So Why Not Pay It Some Attention?
Jan 25Favite (TPE:3535) Is Carrying A Fair Bit Of Debt
Dec 21Financial Position Analysis
Short Term Liabilities: 3535's short term assets (NT$1.2B) exceed its short term liabilities (NT$320.9M).
Long Term Liabilities: 3535's short term assets (NT$1.2B) exceed its long term liabilities (NT$240.0M).
Debt to Equity History and Analysis
Debt Level: 3535 has more cash than its total debt.
Reducing Debt: 3535's debt to equity ratio has reduced from 84% to 23.1% over the past 5 years.
Debt Coverage: 3535's debt is well covered by operating cash flow (39.5%).
Interest Coverage: Insufficient data to determine if 3535's interest payments on its debt are well covered by EBIT.