Formosa Electronic Industries Inc.

Taipei Exchange 8171.TWO

Formosa Electronic Industries Inc. Interest Coverage Ratio for the year ending December 31, 2023: -3.15

Formosa Electronic Industries Inc. Interest Coverage Ratio is -3.15 for the year ending December 31, 2023, a -121.93% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Formosa Electronic Industries Inc. Interest Coverage Ratio for the year ending December 31, 2022 was 14.38, a 251.28% change year over year.
Formosa Electronic Industries Inc. Interest Coverage Ratio for the year ending December 31, 2021 was -9.51, a 52.31% change year over year.
Formosa Electronic Industries Inc. Interest Coverage Ratio for the year ending December 31, 2020 was -19.93, a 25.17% change year over year.
Formosa Electronic Industries Inc. Interest Coverage Ratio for the year ending December 31, 2019 was -26.64, a -168.69% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

Taipei Exchange: 8171.TWO

Formosa Electronic Industries Inc.

CEO	Mr. Zuzhang Wu
IPO Date	Dec. 19, 2011
Location	Taiwan
Headquarters	Lane 130
Employees	125
Sector	Technology
Industries Hardware & Electronics Smartphones

Description

Formosa Electronic Industries Inc. manufactures and sells accessories for cellular and cordless phones, notebook computers, camcorders, and digital cameras worldwide. Its products include wireless chargers, power banks, power adapters, universal AC/AC adaptor plugs, OEM products, and green products. The company was founded in 1983 and is based in Taipei Hsien, Taiwan.

Key trends

Past 5 years