Franbo Lines Balance Sheet Health
Financial Health criteria checks 5/6
Franbo Lines has a total shareholder equity of NT$6.2B and total debt of NT$2.2B, which brings its debt-to-equity ratio to 35.9%. Its total assets and total liabilities are NT$8.9B and NT$2.7B respectively. Franbo Lines's EBIT is NT$512.4M making its interest coverage ratio 8.2. It has cash and short-term investments of NT$457.5M.
Key information
35.9%
Debt to equity ratio
NT$2.23b
Debt
| Interest coverage ratio | 8.2x |
| Cash | NT$457.52m |
| Equity | NT$6.20b |
| Total liabilities | NT$2.73b |
| Total assets | NT$8.93b |
Recent financial health updates
Recent updates
Can Franbo Lines Corp. (GTSM:2641) Maintain Its Strong Returns?
Mar 12
We Like These Underlying Trends At Franbo Lines (GTSM:2641)
Feb 19
Is Franbo Lines (GTSM:2641) A Risky Investment?
Feb 01We're Not Counting On Franbo Lines (GTSM:2641) To Sustain Its Statutory Profitability
Jan 14Franbo Lines (GTSM:2641) Shareholders Booked A 59% Gain In The Last Year
Dec 27Should You Be Excited About Franbo Lines Corp.'s (GTSM:2641) 6.4% Return On Equity?
Dec 09Will Franbo Lines' (GTSM:2641) Growth In ROCE Persist?
Nov 18Financial Position Analysis
Short Term Liabilities: 2641's short term assets (NT$1.5B) exceed its short term liabilities (NT$507.7M).
Long Term Liabilities: 2641's short term assets (NT$1.5B) do not cover its long term liabilities (NT$2.2B).
Debt to Equity History and Analysis
Debt Level: 2641's net debt to equity ratio (28.5%) is considered satisfactory.
Reducing Debt: 2641's debt to equity ratio has reduced from 170.9% to 35.9% over the past 5 years.
Debt Coverage: 2641's debt is well covered by operating cash flow (21.5%).
Interest Coverage: 2641's interest payments on its debt are well covered by EBIT (8.2x coverage).