Lan Fa Textile Balance Sheet Health
Financial Health criteria checks 4/6
Lan Fa Textile has a total shareholder equity of NT$3.1B and total debt of NT$1.9B, which brings its debt-to-equity ratio to 60.9%. Its total assets and total liabilities are NT$5.1B and NT$2.0B respectively.
Key information
60.9%
Debt to equity ratio
NT$1.86b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$1.68b |
| Equity | NT$3.05b |
| Total liabilities | NT$2.00b |
| Total assets | NT$5.05b |
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$2.0B) exceed its short term liabilities (NT$1.7B).
Long Term Liabilities: 1459's short term assets (NT$2.0B) exceed its long term liabilities (NT$287.4M).
Debt to Equity History and Analysis
Debt Level: 1459's net debt to equity ratio (5.9%) is considered satisfactory.
Reducing Debt: 1459's debt to equity ratio has reduced from 95.3% to 60.9% over the past 5 years.
Debt Coverage: 1459's debt is not well covered by operating cash flow (1.5%).
Interest Coverage: Insufficient data to determine if 1459's interest payments on its debt are well covered by EBIT.