Favite Balance Sheet Health

Financial Health criteria checks 6/6

Favite has a total shareholder equity of NT$1.2B and total debt of NT$201.6M, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are NT$1.7B and NT$478.6M respectively. Favite's EBIT is NT$34.4M making its interest coverage ratio -7.6. It has cash and short-term investments of NT$698.4M.

Key information

17.1%

Debt to equity ratio

NT$201.63m

Debt

Interest coverage ratio	-7.6x
Cash	NT$698.40m
Equity	NT$1.18b
Total liabilities	NT$478.57m
Total assets	NT$1.66b

Recent financial health updates

Recent updates

Favite (TWSE:3535) Could Be At Risk Of Shrinking As A Company

Oct 31

Favite (TWSE:3535) Has A Rock Solid Balance Sheet

Oct 09

Favite's (TWSE:3535) Solid Earnings Have Been Accounted For Conservatively

Aug 16

Favite, Inc. (TWSE:3535) Stock Rockets 88% As Investors Are Less Pessimistic Than Expected

Jul 05

Health Check: How Prudently Does Favite (TWSE:3535) Use Debt?

Jun 25

Favite, Inc.'s (TWSE:3535) 28% Share Price Surge Not Quite Adding Up

May 21

Favite, Inc.'s (TWSE:3535) Business Is Trailing The Industry But Its Shares Aren't

Apr 03

Favite (TPE:3535) Has A Pretty Healthy Balance Sheet

Mar 28

Is Favite, Inc.'s (TPE:3535) 2.6% Dividend Worth Your Time?

Mar 01

The Favite (TPE:3535) Share Price Has Gained 118%, So Why Not Pay It Some Attention?

Jan 25

Favite (TPE:3535) Is Carrying A Fair Bit Of Debt

Dec 21

Financial Position Analysis

Short Term Liabilities: 3535's short term assets (NT$1.2B) exceed its short term liabilities (NT$278.7M).

Long Term Liabilities: 3535's short term assets (NT$1.2B) exceed its long term liabilities (NT$199.8M).

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 62.6% to 17.1% over the past 5 years.

Debt Coverage: 3535's debt is well covered by operating cash flow (73.4%).

Interest Coverage: 3535 earns more interest than it pays, so coverage of interest payments is not a concern.

Favite Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Favite (TWSE:3535) Has A Rock Solid Balance Sheet

Health Check: How Prudently Does Favite (TWSE:3535) Use Debt?

Favite (TPE:3535) Has A Pretty Healthy Balance Sheet

Favite (TPE:3535) Is Carrying A Fair Bit Of Debt

Recent updates

Third quarter 2024 earnings released: NT$0.31 loss per share (vs NT$0.67 profit in 3Q 2023)

Favite, Inc. to Report Q3, 2024 Results on Nov 11, 2024

Favite (TWSE:3535) Could Be At Risk Of Shrinking As A Company

Investor sentiment improves as stock rises 20%

Favite (TWSE:3535) Has A Rock Solid Balance Sheet

Investor sentiment improves as stock rises 19%

Favite's (TWSE:3535) Solid Earnings Have Been Accounted For Conservatively

Second quarter 2024 earnings released: EPS: NT$1.38 (vs NT$0.45 loss in 2Q 2023)

Favite, Inc. to Report Q2, 2024 Results on Aug 09, 2024

Favite, Inc. (TWSE:3535) Stock Rockets 88% As Investors Are Less Pessimistic Than Expected

Health Check: How Prudently Does Favite (TWSE:3535) Use Debt?

Favite, Inc.'s (TWSE:3535) 28% Share Price Surge Not Quite Adding Up

First quarter 2024 earnings released: NT$0.13 loss per share (vs NT$0.012 loss in 1Q 2023)

Favite, Inc. to Report Q1, 2024 Results on May 03, 2024

Favite, Inc.'s (TWSE:3535) Business Is Trailing The Industry But Its Shares Aren't

New major risk - Revenue and earnings growth

Full year 2023 earnings released: NT$0.42 loss per share (vs NT$3.58 profit in FY 2022)

Favite, Inc., Annual General Meeting, May 31, 2024

Investor sentiment improves as stock rises 23%

Third quarter 2023 earnings released: EPS: NT$0.67 (vs NT$1.36 in 3Q 2022)

New minor risk - Profit margin trend

Second quarter 2023 earnings released: NT$0.45 loss per share (vs NT$1.03 profit in 2Q 2022)

Upcoming dividend of NT$1.00 per share at 5.1% yield

Favite, Inc. Declares Cash Dividend, Payable on August 18, 2023

Full year 2022 earnings released: EPS: NT$3.58 (vs NT$1.23 in FY 2021)

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: NT$1.36 (vs NT$0.11 in 3Q 2021)

Investor sentiment improved over the past week

Upcoming dividend of NT$0.50 per share

Second quarter 2022 earnings released: EPS: NT$1.03 (vs NT$0.18 loss in 2Q 2021)

Favite, Inc. Announces Cash Dividend for 2021, Payable on September 19, 2022

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS: NT$1.09 (vs NT$0.71 in 1Q 2021)

Less than half of directors are independent

Full year 2021 earnings released: EPS: NT$1.22 (vs NT$1.29 loss in FY 2020)

Third quarter 2021 earnings released: EPS NT$0.11 (vs NT$0.55 loss in 3Q 2020)

Second quarter 2021 earnings released: NT$0.18 loss per share (vs NT$0.11 loss in 2Q 2020)

First quarter 2021 earnings released: EPS NT$0.71 (vs NT$0.48 in 1Q 2020)

Favite (TPE:3535) Has A Pretty Healthy Balance Sheet

Full year 2020 earnings released: NT$1.29 loss per share (vs NT$1.47 profit in FY 2019)

Is Favite, Inc.'s (TPE:3535) 2.6% Dividend Worth Your Time?

The Favite (TPE:3535) Share Price Has Gained 118%, So Why Not Pay It Some Attention?

New 90-day low: NT$17.55

Favite (TPE:3535) Is Carrying A Fair Bit Of Debt

New 90-day high: NT$21.00

Third quarter 2020 earnings released: NT$0.55 loss per share

Upcoming Dividend of NT$0.50 Per Share

First half earnings released

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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