L&K Engineering Balance Sheet Health
Financial Health criteria checks 6/6
L&K Engineering has a total shareholder equity of NT$18.0B and total debt of NT$2.9B, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are NT$54.8B and NT$36.8B respectively. L&K Engineering's EBIT is NT$5.1B making its interest coverage ratio -11. It has cash and short-term investments of NT$20.4B.
Key information
16.0%
Debt to equity ratio
NT$2.87b
Debt
| Interest coverage ratio | -11x |
| Cash | NT$20.39b |
| Equity | NT$17.95b |
| Total liabilities | NT$36.85b |
| Total assets | NT$54.80b |
Recent financial health updates
Does L&K Engineering (TWSE:6139) Have A Healthy Balance Sheet?
Jun 05
L&K Engineering (TPE:6139) Takes On Some Risk With Its Use Of Debt
Mar 30Does L&K Engineering (TPE:6139) Have A Healthy Balance Sheet?
Nov 29Recent updates
Further Upside For L&K Engineering Co., Ltd. (TWSE:6139) Shares Could Introduce Price Risks After 27% Bounce
Jul 04If EPS Growth Is Important To You, L&K Engineering (TWSE:6139) Presents An Opportunity
Jun 21Does L&K Engineering (TWSE:6139) Have A Healthy Balance Sheet?
Jun 05It's Down 30% But L&K Engineering Co., Ltd. (TWSE:6139) Could Be Riskier Than It Looks
May 13A Look At The Fair Value Of L&K Engineering Co., Ltd. (TWSE:6139)
Apr 22L&K Engineering Co., Ltd.'s (TWSE:6139) Shares Leap 26% Yet They're Still Not Telling The Full Story
Mar 27L&K Engineering's (TWSE:6139) Earnings May Just Be The Starting Point
Mar 23L&K Engineering (TPE:6139) Takes On Some Risk With Its Use Of Debt
Mar 30Factors Income Investors Should Consider Before Adding L&K Engineering Co., Ltd. (TPE:6139) To Their Portfolio
Mar 09We Wouldn't Rely On L&K Engineering's (TPE:6139) Statutory Earnings As A Guide
Feb 15
Is L&K Engineering Co., Ltd.'s (TPE:6139) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Jan 29Are Investors Concerned With What's Going On At L&K Engineering (TPE:6139)?
Jan 13L&K Engineering (TPE:6139) Has Gifted Shareholders With A Fantastic 109% Total Return On Their Investment
Dec 29A Look At The Fair Value Of L&K Engineering Co., Ltd. (TPE:6139)
Dec 14Does L&K Engineering (TPE:6139) Have A Healthy Balance Sheet?
Nov 29Financial Position Analysis
Short Term Liabilities: 6139's short term assets (NT$49.6B) exceed its short term liabilities (NT$35.3B).
Long Term Liabilities: 6139's short term assets (NT$49.6B) exceed its long term liabilities (NT$1.5B).
Debt to Equity History and Analysis
Debt Level: 6139 has more cash than its total debt.
Reducing Debt: 6139's debt to equity ratio has reduced from 43.4% to 16% over the past 5 years.
Debt Coverage: 6139's debt is well covered by operating cash flow (294.6%).
Interest Coverage: 6139 earns more interest than it pays, so coverage of interest payments is not a concern.