Luhai Holding Balance Sheet Health
Financial Health criteria checks 5/6
Luhai Holding has a total shareholder equity of NT$3.2B and total debt of NT$1.0B, which brings its debt-to-equity ratio to 32.1%. Its total assets and total liabilities are NT$4.8B and NT$1.6B respectively. Luhai Holding's EBIT is NT$326.0M making its interest coverage ratio 12.9. It has cash and short-term investments of NT$929.0M.
Key information
32.1%
Debt to equity ratio
NT$1.04b
Debt
| Interest coverage ratio | 12.9x |
| Cash | NT$929.03m |
| Equity | NT$3.24b |
| Total liabilities | NT$1.59b |
| Total assets | NT$4.83b |
Recent financial health updates
These 4 Measures Indicate That Luhai Holding (TPE:2115) Is Using Debt Reasonably Well
Apr 15
Does Luhai Holding (TPE:2115) Have A Healthy Balance Sheet?
Jan 11
Recent updates
Why Luhai Holding's (TWSE:2115) Shaky Earnings Are Just The Beginning Of Its Problems
Nov 12Luhai Holding's (TWSE:2115) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Mar 20These 4 Measures Indicate That Luhai Holding (TPE:2115) Is Using Debt Reasonably Well
Apr 15Should We Be Excited About The Trends Of Returns At Luhai Holding (TPE:2115)?
Mar 10Should Luhai Holding Corp. (TPE:2115) Be Part Of Your Dividend Portfolio?
Feb 10Luhai Holding (TPE:2115) Has Compensated Shareholders With A Respectable 61% Return On Their Investment
Jan 26Does Luhai Holding (TPE:2115) Have A Healthy Balance Sheet?
Jan 11Luhai Holding Corp.'s (TPE:2115) Stock Has Fared Decently: Is the Market Following Strong Financials?
Dec 27Is Luhai Holding (TPE:2115) Likely To Turn Things Around?
Dec 10Luhai Holding (TPE:2115) Is Growing Earnings But Are They A Good Guide?
Nov 25Financial Position Analysis
Short Term Liabilities: 2115's short term assets (NT$2.3B) exceed its short term liabilities (NT$733.5M).
Long Term Liabilities: 2115's short term assets (NT$2.3B) exceed its long term liabilities (NT$851.7M).
Debt to Equity History and Analysis
Debt Level: 2115's net debt to equity ratio (3.5%) is considered satisfactory.
Reducing Debt: 2115's debt to equity ratio has reduced from 34.2% to 32.1% over the past 5 years.
Debt Coverage: 2115's debt is not well covered by operating cash flow (18%).
Interest Coverage: 2115's interest payments on its debt are well covered by EBIT (12.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/21 10:57 |
| End of Day Share Price | 2025/02/21 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Luhai Holding Corp. is covered by 5 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jihong Lai | Capital Securities Corporation |
| Sheng-Kuo Shih | Jih Sun Securities Investment Consulting Co., Ltd. |
| Liangyu Ko | Masterlink Securities Corp. |