Meiloon Industrial Co., Ltd.

TWSE:2477 Stock Report

Market Cap: NT$4.1b

Meiloon Industrial Balance Sheet Health

Financial Health criteria checks 3/6

Meiloon Industrial has a total shareholder equity of NT$4.5B and total debt of NT$2.1B, which brings its debt-to-equity ratio to 45.2%. Its total assets and total liabilities are NT$8.2B and NT$3.6B respectively.

Key information

45.2%

Debt to equity ratio

NT$2.05b

Debt

Interest coverage ration/a
CashNT$3.02b
EquityNT$4.53b
Total liabilitiesNT$3.62b
Total assetsNT$8.16b

Recent financial health updates

Recent updates

Meiloon Industrial's (TWSE:2477) Solid Earnings May Rest On Weak Foundations

Aug 20
Meiloon Industrial's (TWSE:2477) Solid Earnings May Rest On Weak Foundations

Investor Optimism Abounds Meiloon Industrial Co., Ltd. (TWSE:2477) But Growth Is Lacking

Jul 12
Investor Optimism Abounds Meiloon Industrial Co., Ltd. (TWSE:2477) But Growth Is Lacking

Here’s What’s Happening With Returns At Meiloon Industrial (TPE:2477)

Mar 21
Here’s What’s Happening With Returns At Meiloon Industrial (TPE:2477)

Here's Why Meiloon Industrial (TPE:2477) Can Manage Its Debt Responsibly

Mar 03
Here's Why Meiloon Industrial (TPE:2477) Can Manage Its Debt Responsibly

Are Meiloon Industrial's (TPE:2477) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Feb 13
Are Meiloon Industrial's (TPE:2477) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Read This Before Buying Meiloon Industrial Co., Ltd. (TPE:2477) For Its Dividend

Jan 28
Read This Before Buying Meiloon Industrial Co., Ltd. (TPE:2477) For Its Dividend

Meiloon Industrial Co., Ltd.'s (TPE:2477) Stock's Been Going Strong: Could Weak Financials Mean The Market Will Coorect Its Share Price?

Jan 13
Meiloon Industrial Co., Ltd.'s (TPE:2477) Stock's Been Going Strong: Could Weak Financials Mean The Market Will Coorect Its Share Price?

Meiloon Industrial (TPE:2477) Has Gifted Shareholders With A Fantastic 216% Total Return On Their Investment

Dec 29
Meiloon Industrial (TPE:2477) Has Gifted Shareholders With A Fantastic 216% Total Return On Their Investment

Will Meiloon Industrial's (TPE:2477) Growth In ROCE Persist?

Dec 14
Will Meiloon Industrial's (TPE:2477) Growth In ROCE Persist?

Meiloon Industrial (TPE:2477) Seems To Use Debt Quite Sensibly

Nov 29
Meiloon Industrial (TPE:2477) Seems To Use Debt Quite Sensibly

Financial Position Analysis

Short Term Liabilities: 2477's short term assets (NT$5.2B) exceed its short term liabilities (NT$2.1B).

Long Term Liabilities: 2477's short term assets (NT$5.2B) exceed its long term liabilities (NT$1.5B).


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 16.8% to 45.2% over the past 5 years.

Debt Coverage: 2477's debt is not well covered by operating cash flow (19.4%).

Interest Coverage: Insufficient data to determine if 2477's interest payments on its debt are well covered by EBIT.


Balance Sheet


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