FIT Holding Balance Sheet Health
Financial Health criteria checks 3/6
FIT Holding has a total shareholder equity of NT$18.9B and total debt of NT$27.3B, which brings its debt-to-equity ratio to 144.9%. Its total assets and total liabilities are NT$54.5B and NT$35.6B respectively. FIT Holding's EBIT is NT$1.3B making its interest coverage ratio -25.1. It has cash and short-term investments of NT$9.6B.
Key information
144.9%
Debt to equity ratio
NT$27.33b
Debt
| Interest coverage ratio | -25.1x |
| Cash | NT$9.56b |
| Equity | NT$18.87b |
| Total liabilities | NT$35.60b |
| Total assets | NT$54.47b |
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'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$32.0B) exceed its short term liabilities (NT$23.6B).
Long Term Liabilities: 3712's short term assets (NT$32.0B) exceed its long term liabilities (NT$12.0B).
Debt to Equity History and Analysis
Debt Level: 3712's net debt to equity ratio (94.2%) is considered high.
Reducing Debt: 3712's debt to equity ratio has increased from 88.5% to 144.9% 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.