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Fortune Electric stock: balance sheet and debt

1519.TW
$14.58Closing price of 12 Nov 2026MEQIRI Score 68 out of 100

Fortune Electric has a debt to equity ratio of 0.27 and an interest coverage of over 100x.

Daily figure as of 13 Nov 2026

Debt / Equity
0.27
Interest coverage
> 100x
Current ratio
1.66
Cash & equivalents
$162.64M
Total assets
$858.78M
Equity ratio
38.4%
Goodwill and intangible assets
$1.85M
not split out
Net debt
−$75.15M
More cash than debt

Total assets and equity ratio

How large the balance sheet of Fortune Electric Co., Ltd. is, how much of it is equity and how much is goodwill from acquisitions.

Equity ratio

Figures as a table
YearTotal assetsGoodwill and intangible assetsof which goodwillEquity ratioNet debt
2009$175.69M$989.04Knot split out55.8%$1.87M
2010$180.56M$853.03Knot split out54.0%$7.96M
2011$183.23M$904.93Knot split out50.6%$19.81M
2012$169.81M$848.74Knot split out52.9%$19.33M
2013$170.41M$167.34Knot split out53.2%−$347.4K
2014$203.39M$341.46Knot split out47.2%$19.34M
2015$238.07M$435.13Knot split out40.4%$42.16M
2016$211.81M$388.61Knot split out46.8%$30.58M
2017$215.18M$296.35Knot split out44.1%$45.55M
2018$207.82M$630.62Knot split out44.9%$30.46M
2019$261.39M$868.43Knot split out39.4%$35.67M
2020$264.61M$950.2Knot split out40.8%$36.14M
2021$302.05M$1.26Mnot split out35.5%$71.95M
2022$356.18M$1.72Mnot split out36.5%$62.47M
2023$464.13M$2.02Mnot split out40.2%−$40.29M
2024$665.74M$2.04Mnot split out40.1%−$59.96M
2025$858.78M$1.85Mnot split out38.4%−$75.15M

The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is debt minus cash and short-term investments; a negative figure means cash exceeds debt. In years without separate goodwill, the table shows the sum of goodwill and intangible assets, because the data do not list goodwill separately there.

Equity and debt

What the company owns and owes

  • Cash & equivalents
  • Equity
  • Debt
Figures as a table
YearCash & equivalentsEquityDebtDebt / Equity
2009$5M$98.12M$6.87M0.07
2010$3.52M$97.57M$11.48M0.12
2011$3.62M$92.73M$23.43M0.25
2012$3.53M$89.88M$22.85M0.25
2013$15.56M$90.44M$15.22M0.17
2014$13.08M$95.75M$32.42M0.34
2015$2.9M$95.99M$45.06M0.47
2016$3.69M$99M$34.27M0.35
2017$3.53M$94.79M$49.08M0.52
2018$3.12M$93.38M$33.57M0.36
2019$4.64M$102.86M$40.31M0.39
2020$7.44M$107.98M$43.58M0.4
2021$6.99M$105.91M$78.94M0.74
2022$25.49M$126.14M$87.96M0.68
2023$59.56M$183.45M$19.27M0.1
2024$77.52M$264.32M$17.56M0.07
2025$162.64M$322.17M$87.48M0.27

Debt to equity divides debt by total equity, including non-controlling interests, as S&P calculates it. The equity column shows the part that belongs to shareholders.

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Currency
Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = NT$32.8500)
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Neutral, published since 7 Nov 2026 (in the score history since 3 Nov 2026)
  • Valuation signal Fairly valued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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