Luen Thai Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Luen Thai Holdings has a total shareholder equity of $191.7M and total debt of $142.7M, which brings its debt-to-equity ratio to 74.4%. Its total assets and total liabilities are $475.0M and $283.3M respectively. Luen Thai Holdings's EBIT is $5.1M making its interest coverage ratio 0.4. It has cash and short-term investments of $100.5M.
Key information
74.4%
Debt to equity ratio
US$142.66m
Debt
Interest coverage ratio | 0.4x |
Cash | US$100.46m |
Equity | US$191.69m |
Total liabilities | US$283.31m |
Total assets | US$475.00m |
Recent financial health updates
Luen Thai Holdings (HKG:311) Use Of Debt Could Be Considered Risky
Nov 29Luen Thai Holdings (HKG:311) Has A Somewhat Strained Balance Sheet
Sep 30Health Check: How Prudently Does Luen Thai Holdings (HKG:311) Use Debt?
May 02Recent updates
Luen Thai Holdings (HKG:311) Use Of Debt Could Be Considered Risky
Nov 29Luen Thai Holdings (HKG:311) Has A Somewhat Strained Balance Sheet
Sep 30Health Check: How Prudently Does Luen Thai Holdings (HKG:311) Use Debt?
May 02If You Had Bought Luen Thai Holdings (HKG:311) Shares Five Years Ago You'd Have A Total Return Of Negative 20%
Mar 05What Would Shareholders Who Purchased Luen Thai Holdings'(HKG:311) Stock Five Years Ago Be Earning on Their Investment Today?
Nov 20Financial Position Analysis
Short Term Liabilities: 311's short term assets ($286.6M) exceed its short term liabilities ($252.7M).
Long Term Liabilities: 311's short term assets ($286.6M) exceed its long term liabilities ($30.7M).
Debt to Equity History and Analysis
Debt Level: 311's net debt to equity ratio (22%) is considered satisfactory.
Reducing Debt: 311's debt to equity ratio has increased from 72.2% to 74.4% over the past 5 years.
Debt Coverage: 311's debt is well covered by operating cash flow (20.2%).
Interest Coverage: 311's interest payments on its debt are not well covered by EBIT (0.4x coverage).