Lan Fa Textile Balance Sheet Health
Financial Health criteria checks 4/6
Lan Fa Textile has a total shareholder equity of NT$2.8B and total debt of NT$1.6B, which brings its debt-to-equity ratio to 57.7%. Its total assets and total liabilities are NT$4.6B and NT$1.8B respectively.
Key information
57.7%
Debt to equity ratio
NT$1.61b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$1.06b |
| Equity | NT$2.79b |
| Total liabilities | NT$1.80b |
| Total assets | NT$4.59b |
Recent financial health updates
Is Lan Fa Textile (TWSE:1459) Using Too Much Debt?
Apr 25
Is Lan Fa TextileLtd (TPE:1459) Using Too Much Debt?
Jan 18
Recent updates
Financial Position Analysis
Short Term Liabilities: 1459's short term assets (NT$1.4B) exceed its short term liabilities (NT$1.2B).
Long Term Liabilities: 1459's short term assets (NT$1.4B) exceed its long term liabilities (NT$585.7M).
Debt to Equity History and Analysis
Debt Level: 1459's net debt to equity ratio (19.9%) is considered satisfactory.
Reducing Debt: 1459's debt to equity ratio has reduced from 117.3% to 57.7% over the past 5 years.
Debt Coverage: 1459's debt is not well covered by operating cash flow (2%).
Interest Coverage: Insufficient data to determine if 1459's interest payments on its debt are well covered by EBIT.