Eminent Luggage Balance Sheet Health
Financial Health criteria checks 3/6
Eminent Luggage has a total shareholder equity of NT$1.4B and total debt of NT$2.3B, which brings its debt-to-equity ratio to 168%. Its total assets and total liabilities are NT$4.5B and NT$3.1B respectively. Eminent Luggage's EBIT is NT$191.2M making its interest coverage ratio 4.2. It has cash and short-term investments of NT$524.3M.
Key information
168.0%
Debt to equity ratio
NT$2.29b
Debt
Interest coverage ratio | 4.2x |
Cash | NT$524.28m |
Equity | NT$1.36b |
Total liabilities | NT$3.12b |
Total assets | NT$4.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9950's short term assets (NT$1.6B) exceed its short term liabilities (NT$1.1B).
Long Term Liabilities: 9950's short term assets (NT$1.6B) do not cover its long term liabilities (NT$2.0B).
Debt to Equity History and Analysis
Debt Level: 9950's net debt to equity ratio (129.5%) is considered high.
Reducing Debt: 9950's debt to equity ratio has reduced from 270.8% to 168% over the past 5 years.
Debt Coverage: 9950's debt is not well covered by operating cash flow (19%).
Interest Coverage: 9950's interest payments on its debt are well covered by EBIT (4.2x coverage).