Lung Hwa Electronics Balance Sheet Health
Financial Health criteria checks 5/6
Lung Hwa Electronics has a total shareholder equity of NT$291.8M and total debt of NT$166.8M, which brings its debt-to-equity ratio to 57.1%. Its total assets and total liabilities are NT$665.4M and NT$373.6M respectively.
Key information
57.1%
Debt to equity ratio
NT$166.76m
Debt
Interest coverage ratio | n/a |
Cash | NT$176.85m |
Equity | NT$291.84m |
Total liabilities | NT$373.60m |
Total assets | NT$665.44m |
Financial Position Analysis
Short Term Liabilities: 2424's short term assets (NT$294.7M) exceed its short term liabilities (NT$230.1M).
Long Term Liabilities: 2424's short term assets (NT$294.7M) exceed its long term liabilities (NT$143.5M).
Debt to Equity History and Analysis
Debt Level: 2424 has more cash than its total debt.
Reducing Debt: 2424's debt to equity ratio has increased from 0.3% to 57.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 2424 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 2424 has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 0.5% each year.