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 ratio92.7x
CashNT$2.72b
EquityNT$6.54b
Total liabilitiesNT$5.41b
Total assetsNT$11.95b

Recent financial health updates

Recent updates

There May Be Reason For Hope In FIC Global's (TWSE:3701) Disappointing Earnings

Apr 05
There May Be Reason For Hope In FIC Global's (TWSE:3701) Disappointing Earnings

What FIC Global, Inc.'s (TWSE:3701) 26% Share Price Gain Is Not Telling You

Mar 04
What FIC Global, Inc.'s (TWSE:3701) 26% Share Price Gain Is Not Telling You

FIC Global (TWSE:3701) Could Easily Take On More Debt

Mar 01
FIC Global (TWSE:3701) Could Easily Take On More Debt

Is FIC Global (TPE:3701) Using Too Much Debt?

Feb 05
Is FIC Global (TPE:3701) Using Too Much Debt?

FIC Global's (TPE:3701) Stock Price Has Reduced 26% In The Past Five Years

Dec 13
FIC Global's (TPE:3701) Stock Price Has Reduced 26% In The Past Five Years

Financial 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).


Balance Sheet


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