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$1.7B, which brings its debt-to-equity ratio to 60.4%. Its total assets and total liabilities are NT$4.7B and NT$1.9B respectively.
Key information
60.4%
Debt to equity ratio
NT$1.70b
Debt
Interest coverage ratio | n/a |
Cash | NT$1.21b |
Equity | NT$2.81b |
Total liabilities | NT$1.87b |
Total assets | NT$4.68b |
Recent financial health updates
Is Lan Fa Textile (TWSE:1459) Using Too Much Debt?
Apr 25Is Lan Fa TextileLtd (TPE:1459) Using Too Much Debt?
Jan 18Recent updates
Financial Position Analysis
Short Term Liabilities: 1459's short term assets (NT$1.7B) exceed its short term liabilities (NT$1.4B).
Long Term Liabilities: 1459's short term assets (NT$1.7B) exceed its long term liabilities (NT$518.6M).
Debt to Equity History and Analysis
Debt Level: 1459's net debt to equity ratio (17.5%) is considered satisfactory.
Reducing Debt: 1459's debt to equity ratio has reduced from 112.3% to 60.4% over the past 5 years.
Debt Coverage: 1459's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1459's interest payments on its debt are well covered by EBIT.