FIC Global Balance Sheet Health
Financial Health criteria checks 6/6
FIC Global has a total shareholder equity of NT$6.5B and total debt of NT$1.3B, which brings its debt-to-equity ratio to 20.6%. Its total assets and total liabilities are NT$12.0B and NT$5.4B respectively. FIC Global's EBIT is NT$749.5M making its interest coverage ratio 92.7. It has cash and short-term investments of NT$2.7B.
Key information
20.6%
Debt to equity ratio
NT$1.35b
Debt
| Interest coverage ratio | 92.7x |
| Cash | NT$2.72b |
| Equity | NT$6.54b |
| Total liabilities | NT$5.41b |
| Total assets | NT$11.95b |
Recent financial health updates
FIC Global (TWSE:3701) Could Easily Take On More Debt
Mar 01
Is FIC Global (TPE:3701) Using Too Much Debt?
Feb 05
Recent updates
There May Be Reason For Hope In FIC Global's (TWSE:3701) Disappointing Earnings
Apr 05What FIC Global, Inc.'s (TWSE:3701) 26% Share Price Gain Is Not Telling You
Mar 04FIC Global (TWSE:3701) Could Easily Take On More Debt
Mar 01Is FIC Global (TPE:3701) Using Too Much Debt?
Feb 05FIC Global's (TPE:3701) Stock Price Has Reduced 26% In The Past Five Years
Dec 13Financial Position Analysis
Short Term Liabilities: 3701's short term assets (NT$9.1B) exceed its short term liabilities (NT$4.3B).
Long Term Liabilities: 3701's short term assets (NT$9.1B) exceed its long term liabilities (NT$1.1B).
Debt to Equity History and Analysis
Debt Level: 3701 has more cash than its total debt.
Reducing Debt: 3701's debt to equity ratio has reduced from 43.6% to 20.6% over the past 5 years.
Debt Coverage: 3701's debt is well covered by operating cash flow (149.6%).
Interest Coverage: 3701's interest payments on its debt are well covered by EBIT (92.7x coverage).