Lungteh Shipbuilding Balance Sheet Health
Financial Health criteria checks 6/6
Lungteh Shipbuilding has a total shareholder equity of NT$3.0B and total debt of NT$1.2B, which brings its debt-to-equity ratio to 40.9%. Its total assets and total liabilities are NT$9.1B and NT$6.0B respectively. Lungteh Shipbuilding's EBIT is NT$804.6M making its interest coverage ratio 20.2. It has cash and short-term investments of NT$3.1B.
Key information
40.9%
Debt to equity ratio
NT$1.24b
Debt
| Interest coverage ratio | 20.2x |
| Cash | NT$3.14b |
| Equity | NT$3.03b |
| Total liabilities | NT$6.03b |
| Total assets | NT$9.07b |
Recent financial health updates
No updates
Recent updates
We Think Lungteh Shipbuilding's (TWSE:6753) Profit Is Only A Baseline For What They Can Achieve
Mar 23
Investors Still Aren't Entirely Convinced By Lungteh Shipbuilding Co., Ltd.'s (TWSE:6753) Earnings Despite 28% Price Jump
Mar 21Lungteh Shipbuilding's (GTSM:6753) Solid Earnings May Rest On Weak Foundations
Apr 27Financial Position Analysis
Short Term Liabilities: 6753's short term assets (NT$5.6B) exceed its short term liabilities (NT$4.7B).
Long Term Liabilities: 6753's short term assets (NT$5.6B) exceed its long term liabilities (NT$1.4B).
Debt to Equity History and Analysis
Debt Level: 6753 has more cash than its total debt.
Reducing Debt: 6753's debt to equity ratio has reduced from 96.4% to 40.9% over the past 5 years.
Debt Coverage: 6753's debt is well covered by operating cash flow (204.8%).
Interest Coverage: 6753's interest payments on its debt are well covered by EBIT (20.2x coverage).