Formosa Advanced Technologies Co

Formosa Advanced Technologies Co Interest Coverage

The Interest Coverage Ratio of Formosa Advanced Technologies Co (8131.TW) as of Oct 14, 2026 is 2.51. In the previous year, Interest Coverage Ratio was 1.45 — a change of 72.63% (higher).

Interest Coverage

2.51

YoY

72.63%

Last updated:

Interest Coverage Ratio of Formosa Advanced Technologies Co is 2024 2.51 . Interest Coverage Ratio of Formosa Advanced Technologies Co was 2023 1.45 . It decreases by 72.63% higher compared to the previous year.

The Formosa Advanced Technologies Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
3.34 TWD
Jan 1, 2018
1.51 M TWD
Jan 1, 2019
9.36 TWD
Jan 1, 2020
133.13 TWD
Jan 1, 2021
67.16 TWD
Jan 1, 2022
3.56 TWD
Jan 1, 2023
1.45 TWD
Jan 1, 2024
2.51 TWD
The Formosa Advanced Technologies Co Interest Coverage history
YEARInterest CoverageYoY
2.51+72.63%
1.45-59.19%
3.56-94.70%
67.16-49.55%
133.13+1,321.83%
9.36-100.00%
1.51 M+45.24 M%
3.34-81.96%
18.54-30.90%
26.83+80.31%
14.88—
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Formosa Advanced Technologies Co Stock analysis

What does Formosa Advanced Technologies Co do? Formosa Advanced Technologies Co Ltd is a leading manufacturer of electronic components and products for various industries. The company was founded in 1990 and is headquartered in Taiwan. Since its inception, the company has specialized in the development and production of high-quality electronic components that can be used in a variety of applications. The company's business model focuses on OEM production and ODM collaborations. OEM stands for "Original Equipment Manufacturer," which means that Formosa Advanced Technologies manufactures products that are sold under another company's brand and name. On the other hand, ODM stands for "Original Design Manufacturer," which means that the company develops and manufactures products that are then sold by other companies under their own brands. The company is divided into various divisions, including the automotive business, medical business, industrial business, and consumer business. Each division offers a variety of products tailored to the needs and requirements of the respective industry. In the automotive business, Formosa Advanced Technologies manufactures a wide range of products, including control electronics, sensors, power supply devices, motor controls, and more. These products are used in vehicles of various types and provide industry-specific solutions tailored to the requirements. In the medical business, Formosa Advanced Technologies manufactures components for medical devices and equipment. This includes electrodes, monitors, sensors, and other high-tech devices used by hospitals, medical facilities, and healthcare professionals in a variety of applications. The industrial business of Formosa Advanced Technologies offers solutions for industrial automation. This includes products such as control systems, sensors, injection systems, and other components used in the manufacturing and production of various products. In the consumer business, the company offers a wide range of products, including lighting systems, speakers, cameras, security systems, LED systems, and more. These products are designed for use in various household appliances and commercial applications. Over the years, Formosa Advanced Technologies has earned an excellent reputation as a manufacturer of high-quality electronic components. The company is committed to providing the best product and service quality and constantly strives to meet the desires and needs of its customers. By providing components and devices tailored to the requirements of different industries, the company is well positioned to be successful in the future. Formosa Advanced Technologies Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Formosa Advanced Technologies Co stock

Interest Coverage Ratio of Formosa Advanced Technologies Co is 2.51 in 2024.

Interest Coverage Ratio of Formosa Advanced Technologies Co changed from 1.45 to 2.51, representing a 72.63% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Formosa Advanced Technologies Co since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Formosa Advanced Technologies Co with sector peers and the industry average to assess whether it is attractive.

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Leverage — Formosa Advanced Technologies Co

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