Eminent Luggage Balance Sheet Health
Financial Health criteria checks 3/6
Eminent Luggage has a total shareholder equity of NT$1.5B and total debt of NT$2.2B, which brings its debt-to-equity ratio to 149.6%. Its total assets and total liabilities are NT$4.5B and NT$3.0B respectively. Eminent Luggage's EBIT is NT$191.5M making its interest coverage ratio 4.6. It has cash and short-term investments of NT$502.5M.
Key information
149.6%
Debt to equity ratio
NT$2.24b
Debt
| Interest coverage ratio | 4.6x |
| Cash | NT$502.54m |
| Equity | NT$1.49b |
| Total liabilities | NT$3.01b |
| Total assets | NT$4.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9950's short term assets (NT$1.7B) exceed its short term liabilities (NT$1.1B).
Long Term Liabilities: 9950's short term assets (NT$1.7B) do not cover its long term liabilities (NT$1.9B).
Debt to Equity History and Analysis
Debt Level: 9950's net debt to equity ratio (116%) is considered high.
Reducing Debt: 9950's debt to equity ratio has reduced from 166.2% to 149.6% over the past 5 years.
Debt Coverage: 9950's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: 9950's interest payments on its debt are well covered by EBIT (4.6x coverage).