Luhai Holding Balance Sheet Health
Financial Health criteria checks 5/6
Luhai Holding has a total shareholder equity of NT$3.1B and total debt of NT$1.2B, which brings its debt-to-equity ratio to 37.3%. Its total assets and total liabilities are NT$5.0B and NT$1.8B respectively. Luhai Holding's EBIT is NT$220.4M making its interest coverage ratio 8.3. It has cash and short-term investments of NT$1.2B.
Key information
37.3%
Debt to equity ratio
NT$1.17b
Debt
| Interest coverage ratio | 8.3x |
| Cash | NT$1.19b |
| Equity | NT$3.15b |
| Total liabilities | NT$1.84b |
| Total assets | NT$4.98b |
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
Luhai 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$2.5B) exceed its short term liabilities (NT$1.0B).
Long Term Liabilities: 2115's short term assets (NT$2.5B) exceed its long term liabilities (NT$829.8M).
Debt to Equity History and Analysis
Debt Level: 2115 has more cash than its total debt.
Reducing Debt: 2115's debt to equity ratio has increased from 28% to 37.3% over the past 5 years.
Debt Coverage: 2115's debt is well covered by operating cash flow (22%).
Interest Coverage: 2115's interest payments on its debt are well covered by EBIT (8.3x coverage).