Lungteh Shipbuilding Balance Sheet Health
Financial Health criteria checks 6/6
Lungteh Shipbuilding has a total shareholder equity of NT$3.3B and total debt of NT$1.3B, which brings its debt-to-equity ratio to 39.6%. Its total assets and total liabilities are NT$8.8B and NT$5.5B respectively. Lungteh Shipbuilding's EBIT is NT$929.8M making its interest coverage ratio 24.8. It has cash and short-term investments of NT$2.9B.
Key information
39.6%
Debt to equity ratio
NT$1.30b
Debt
Interest coverage ratio | 24.8x |
Cash | NT$2.89b |
Equity | NT$3.29b |
Total liabilities | NT$5.52b |
Total assets | NT$8.80b |
Recent financial health updates
No updates
Recent updates
Estimating The Intrinsic Value Of Lungteh Shipbuilding Co., Ltd. (TWSE:6753)
May 22We Think Lungteh Shipbuilding's (TWSE:6753) Profit Is Only A Baseline For What They Can Achieve
Mar 23Investors 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$5.3B) exceed its short term liabilities (NT$4.2B).
Long Term Liabilities: 6753's short term assets (NT$5.3B) exceed its long term liabilities (NT$1.3B).
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 89.4% to 39.6% over the past 5 years.
Debt Coverage: 6753's debt is well covered by operating cash flow (98.1%).
Interest Coverage: 6753's interest payments on its debt are well covered by EBIT (24.8x coverage).