FIT Holding Balance Sheet Health
Financial Health criteria checks 3/6
FIT Holding has a total shareholder equity of NT$19.1B and total debt of NT$35.0B, which brings its debt-to-equity ratio to 183.6%. Its total assets and total liabilities are NT$61.7B and NT$42.7B respectively. FIT Holding's EBIT is NT$1.7B making its interest coverage ratio 10.9. It has cash and short-term investments of NT$8.3B.
Key information
183.6%
Debt to equity ratio
NT$35.01b
Debt
| Interest coverage ratio | 10.9x |
| Cash | NT$8.30b |
| Equity | NT$19.07b |
| Total liabilities | NT$42.65b |
| Total assets | NT$61.72b |
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 Co., Ltd. (TWSE:3712) Soars 34% But It's A Story Of Risk Vs Reward
Nov 22Returns On Capital Are Showing Encouraging Signs At FIT Holding (TWSE:3712)
Nov 11FIT Holding's (TWSE:3712) Earnings Are Of Questionable Quality
Aug 19FIT Holding Co., Ltd. (TWSE:3712) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected
Jul 05FIT Holding (TWSE:3712) Is Paying Out A Dividend Of NT$2.00
Jun 28FIT 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$37.9B) exceed its short term liabilities (NT$15.7B).
Long Term Liabilities: 3712's short term assets (NT$37.9B) exceed its long term liabilities (NT$26.9B).
Debt to Equity History and Analysis
Debt Level: 3712's net debt to equity ratio (140%) is considered high.
Reducing Debt: 3712's debt to equity ratio has increased from 90.9% to 183.6% over the past 5 years.
Debt Coverage: 3712's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3712's interest payments on its debt are well covered by EBIT (10.9x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 12:14 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
FIT Holding Co., Ltd. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Youyu Chen | Jih Sun Securities Investment Consulting Co., Ltd. |
| Ming-Chi Kuo | KGI Securities Co. Ltd. |