FIT Holding Balance Sheet Health
Financial Health criteria checks 3/6
FIT Holding has a total shareholder equity of NT$14.8B and total debt of NT$18.8B, which brings its debt-to-equity ratio to 127.3%. Its total assets and total liabilities are NT$37.4B and NT$22.6B respectively. FIT Holding's EBIT is NT$633.7M making its interest coverage ratio -38.1. It has cash and short-term investments of NT$5.0B.
Key information
127.3%
Debt to equity ratio
NT$18.84b
Debt
| Interest coverage ratio | -38.1x |
| Cash | NT$5.05b |
| Equity | NT$14.80b |
| Total liabilities | NT$22.57b |
| Total assets | NT$37.37b |
Recent financial health updates
Does FIT Holding (TPE:3712) Have A Healthy Balance Sheet?
Mar 18
FIT Holding (TPE:3712) Is Carrying A Fair Bit Of Debt
Dec 01
Recent updates
FIT Holding (TWSE:3712) Is Looking To Continue Growing Its Returns On Capital
Apr 17Does FIT Holding (TPE:3712) Have A Healthy Balance Sheet?
Mar 18Would Shareholders Who Purchased FIT Holding's (TPE:3712) Stock Five Years Be Happy With The Share price Today?
Jan 24FIT Holding (TPE:3712) Is Carrying A Fair Bit Of Debt
Dec 01Financial Position Analysis
Short Term Liabilities: 3712's short term assets (NT$23.5B) exceed its short term liabilities (NT$16.3B).
Long Term Liabilities: 3712's short term assets (NT$23.5B) exceed its long term liabilities (NT$6.3B).
Debt to Equity History and Analysis
Debt Level: 3712's net debt to equity ratio (93.2%) is considered high.
Reducing Debt: 3712's debt to equity ratio has increased from 62.1% to 127.3% over the past 5 years.
Debt Coverage: 3712's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3712 earns more interest than it pays, so coverage of interest payments is not a concern.