Lily Textile Balance Sheet Health
Financial Health criteria checks 1/6
Lily Textile has a total shareholder equity of NT$1.6B and total debt of NT$4.7B, which brings its debt-to-equity ratio to 289.9%. Its total assets and total liabilities are NT$7.0B and NT$5.4B respectively. Lily Textile's EBIT is NT$263.3M making its interest coverage ratio 2.9. It has cash and short-term investments of NT$133.5M.
Key information
289.9%
Debt to equity ratio
NT$4.65b
Debt
| Interest coverage ratio | 2.9x |
| Cash | NT$133.53m |
| Equity | NT$1.61b |
| Total liabilities | NT$5.42b |
| Total assets | NT$7.03b |
Recent financial health updates
These 4 Measures Indicate That Lily Textile (TPE:1443) Is Using Debt In A Risky Way
Apr 04
Does Lily Textile (TPE:1443) Have A Healthy Balance Sheet?
Dec 20
Recent updates
Lily Textile (TWSE:1443) Is Doing The Right Things To Multiply Its Share Price
Apr 18These 4 Measures Indicate That Lily Textile (TPE:1443) Is Using Debt In A Risky Way
Apr 04We Like These Underlying Trends At Lily Textile (TPE:1443)
Feb 28Is Lily Textile's (TPE:1443) Share Price Gain Of 111% Well Earned?
Jan 24Does Lily Textile (TPE:1443) Have A Healthy Balance Sheet?
Dec 20Financial Position Analysis
Short Term Liabilities: 1443's short term assets (NT$495.7M) do not cover its short term liabilities (NT$3.1B).
Long Term Liabilities: 1443's short term assets (NT$495.7M) do not cover its long term liabilities (NT$2.3B).
Debt to Equity History and Analysis
Debt Level: 1443's net debt to equity ratio (281.6%) is considered high.
Reducing Debt: 1443's debt to equity ratio has reduced from 456.3% to 289.9% over the past 5 years.
Debt Coverage: 1443's debt is not well covered by operating cash flow (5.7%).
Interest Coverage: 1443's interest payments on its debt are not well covered by EBIT (2.9x coverage).