Foxconn Technology (2354) Balance Sheet & Financial Health Metrics - Simply Wall St (2024)

Financial Health criteria checks 6/6

Foxconn Technology has a total shareholder equity of NT$104.2B and total debt of NT$9.3B, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are NT$140.8B and NT$36.5B respectively. Foxconn Technology's EBIT is NT$2.3B making its interest coverage ratio -0.9. It has cash and short-term investments of NT$54.5B.

Key information

Interest coverage ratio-0.9x
CashNT$54.51b
EquityNT$104.25b
Total liabilitiesNT$36.54b
Total assetsNT$140.78b

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 2354's short term assets (NT$79.8B) exceed its short term liabilities (NT$35.4B).

Long Term Liabilities: 2354's short term assets (NT$79.8B) exceed its long term liabilities (NT$1.1B).

Debt to Equity History and Analysis

Debt Level: 2354 has more cash than its total debt.

Reducing Debt: 2354's debt to equity ratio has reduced from 22.2% to 8.9% over the past 5 years.

Debt Coverage: 2354's debt is well covered by operating cash flow (93.3%).

Interest Coverage: 2354 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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Foxconn Technology (2354)  Balance Sheet & Financial Health Metrics  - Simply Wall St (2024)
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