Meiloon Industrial Balance Sheet Health
Financial Health criteria checks 3/6
Meiloon Industrial has a total shareholder equity of NT$4.3B and total debt of NT$2.0B, which brings its debt-to-equity ratio to 45.6%. Its total assets and total liabilities are NT$7.7B and NT$3.5B respectively.
Key information
45.6%
Debt to equity ratio
NT$1.95b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$2.76b |
| Equity | NT$4.29b |
| Total liabilities | NT$3.46b |
| Total assets | NT$7.75b |
Recent financial health updates
Here's Why Meiloon Industrial (TPE:2477) Can Manage Its Debt Responsibly
Mar 03
Meiloon Industrial (TPE:2477) Seems To Use Debt Quite Sensibly
Nov 29
Recent updates
Here’s What’s Happening With Returns At Meiloon Industrial (TPE:2477)
Mar 21Here's Why Meiloon Industrial (TPE:2477) Can Manage Its Debt Responsibly
Mar 03Are Meiloon Industrial's (TPE:2477) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Feb 13Read This Before Buying Meiloon Industrial Co., Ltd. (TPE:2477) For Its Dividend
Jan 28Meiloon Industrial Co., Ltd.'s (TPE:2477) Stock's Been Going Strong: Could Weak Financials Mean The Market Will Coorect Its Share Price?
Jan 13Meiloon Industrial (TPE:2477) Has Gifted Shareholders With A Fantastic 216% Total Return On Their Investment
Dec 29Will Meiloon Industrial's (TPE:2477) Growth In ROCE Persist?
Dec 14Meiloon Industrial (TPE:2477) Seems To Use Debt Quite Sensibly
Nov 29Financial Position Analysis
Short Term Liabilities: 2477's short term assets (NT$4.9B) exceed its short term liabilities (NT$2.1B).
Long Term Liabilities: 2477's short term assets (NT$4.9B) exceed its long term liabilities (NT$1.4B).
Debt to Equity History and Analysis
Debt Level: 2477 has more cash than its total debt.
Reducing Debt: 2477's debt to equity ratio has increased from 18.7% to 45.6% over the past 5 years.
Debt Coverage: 2477's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: Insufficient data to determine if 2477's interest payments on its debt are well covered by EBIT.