Hon Hai Precision Industry Balance Sheet Health
Financial Health criteria checks 4/6
Hon Hai Precision Industry has a total shareholder equity of NT$1,648.9B and total debt of NT$1,097.7B, which brings its debt-to-equity ratio to 66.6%. Its total assets and total liabilities are NT$4,388.9B and NT$2,740.0B respectively. Hon Hai Precision Industry's EBIT is NT$182.3B making its interest coverage ratio -12.2. It has cash and short-term investments of NT$1,240.1B.
Key information
66.6%
Debt to equity ratio
NT$1.10t
Debt
| Interest coverage ratio | -12.2x |
| Cash | NT$1.24t |
| Equity | NT$1.65t |
| Total liabilities | NT$2.74t |
| Total assets | NT$4.39t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HNHA.F's short term assets (NT$3,467.7B) exceed its short term liabilities (NT$2,368.8B).
Long Term Liabilities: HNHA.F's short term assets (NT$3,467.7B) exceed its long term liabilities (NT$371.2B).
Debt to Equity History and Analysis
Debt Level: HNHA.F has more cash than its total debt.
Reducing Debt: HNHA.F's debt to equity ratio has increased from 46.9% to 66.6% over the past 5 years.
Debt Coverage: HNHA.F's debt is not well covered by operating cash flow (11.6%).
Interest Coverage: HNHA.F earns more interest than it pays, so coverage of interest payments is not a concern.