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$33.5B, which brings its debt-to-equity ratio to 175.7%. 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 8.5. It has cash and short-term investments of NT$17.7B.

Key information

175.7%

Debt to equity ratio

NT$33.51b

Debt

Interest coverage ratio	8.5x
Cash	NT$17.67b
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

Returns On Capital Are Showing Encouraging Signs At FIT Holding (TWSE:3712)

Nov 11

FIT Holding's (TWSE:3712) Earnings Are Of Questionable Quality

Aug 19

FIT Holding Co., Ltd. (TWSE:3712) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected

Jul 05

Would Shareholders Who Purchased FIT Holding's (TPE:3712) Stock Five Years Be Happy With The Share price Today?

Jan 24

FIT Holding (TPE:3712) Is Carrying A Fair Bit Of Debt

Dec 01

Financial 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 (83%) is considered high.

Reducing Debt: 3712's debt to equity ratio has increased from 90.9% to 175.7% 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 (8.5x coverage).

FIT Holding Balance Sheet Health

Financial Health criteria checks 3/6

Key information

Recent financial health updates

Does FIT Holding (TPE:3712) Have A Healthy Balance Sheet?

FIT Holding (TPE:3712) Is Carrying A Fair Bit Of Debt

Recent updates

Third quarter 2024 earnings released: EPS: NT$1.57 (vs NT$1.13 in 3Q 2023)

Returns On Capital Are Showing Encouraging Signs At FIT Holding (TWSE:3712)

Investor sentiment improves as stock rises 17%

FIT Holding Co., Ltd. to Report Q3, 2024 Results on Nov 13, 2024

FIT Holding's (TWSE:3712) Earnings Are Of Questionable Quality

Second quarter 2024 earnings released: EPS: NT$1.02 (vs NT$0.065 in 2Q 2023)

Upcoming dividend of NT$2.00 per share

Investor sentiment improves as stock rises 18%

FIT Holding Co., Ltd. (TWSE:3712) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected

FIT Holding (TWSE:3712) Is Paying Out A Dividend Of NT$2.00

Dividend of NT$2.00 announced

FIT Holding Co., Ltd. Approves Cash Dividend, Payable on August 16, 2024

Investor sentiment improves as stock rises 17%

New minor risk - Financial data availability

FIT Holding Co., Ltd. Appoints Lu Hong Te as Independent Director

FIT Holding Co., Ltd. to Report Q1, 2024 Results on May 14, 2024

FIT Holding (TWSE:3712) Is Looking To Continue Growing Its Returns On Capital

FIT Holding Co., Ltd., Annual General Meeting, May 27, 2024

Investor sentiment improves as stock rises 16%

New major risk - Share price stability

New minor risk - Share price stability

Third quarter 2023 earnings released: EPS: NT$1.13 (vs NT$0.86 in 3Q 2022)

New major risk - Earnings quality

Second quarter 2023 earnings released: EPS: NT$0.06 (vs NT$0.39 in 2Q 2022)

FIT Holding Co., Ltd. Announces the Resignation of Wei-Lin Wang as Member of the Company's Audit Committee?Remuneration Committee and Corporate Governance and Sustainable Management Committee

Upcoming dividend of NT$2.00 per share at 5.3% yield

FIT Holding Co., Ltd. Approves Cash Dividend, Payable on August 18, 2023

Investor sentiment improves as stock rises 25%

Third quarter 2022 earnings released: EPS: NT$0.86 (vs NT$0.42 in 3Q 2021)

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: NT$0.86 (vs NT$0.42 in 3Q 2021)

Second quarter 2022 earnings released: EPS: NT$0.38 (vs NT$0.12 in 2Q 2021)

Upcoming dividend of NT$1.50 per share

Fit Holding Co., Ltd. Announces Cash Distribution from 2021, Payable on August 31, 2022

First quarter 2022 earnings released: EPS: NT$0.54 (vs NT$0.39 in 1Q 2021)

Less than half of directors are independent

Full year 2021 earnings released: EPS: NT$1.76 (vs NT$0.34 in FY 2020)

Third quarter 2021 earnings released: EPS NT$0.43 (vs NT$0.045 loss in 3Q 2020)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS NT$0.12 (vs NT$0.30 loss in 2Q 2020)

Upcoming dividend of NT$1.00 per share

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS NT$0.39 (vs NT$0.34 loss in 1Q 2020)

Investor sentiment deteriorated over the past week

Full year 2020 earnings released: EPS NT$0.34 (vs NT$0.84 loss in FY 2019)

Does FIT Holding (TPE:3712) Have A Healthy Balance Sheet?

Would Shareholders Who Purchased FIT Holding's (TPE:3712) Stock Five Years Be Happy With The Share price Today?

New 90-day low: NT$27.55

New 90-day low: NT$33.00

FIT Holding (TPE:3712) Is Carrying A Fair Bit Of Debt

New 90-day low: NT$36.50

First half earnings released

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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