Lai Yih Footwear Balance Sheet Health
Financial Health criteria checks 4/6
Lai Yih Footwear has a total shareholder equity of NT$23.9B and total debt of NT$2.3B, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are NT$30.9B and NT$7.0B respectively. Lai Yih Footwear's EBIT is NT$4.0B making its interest coverage ratio 50.8. It has cash and short-term investments of NT$3.5B.
Key information
9.5%
Debt to equity ratio
NT$2.28b
Debt
| Interest coverage ratio | 50.8x |
| Cash | NT$3.50b |
| Equity | NT$23.92b |
| Total liabilities | NT$6.95b |
| Total assets | NT$30.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6890's short term assets (NT$17.3B) exceed its short term liabilities (NT$6.4B).
Long Term Liabilities: 6890's short term assets (NT$17.3B) exceed its long term liabilities (NT$594.8M).
Debt to Equity History and Analysis
Debt Level: 6890 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 6890's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6890's debt is not well covered by operating cash flow (9%).
Interest Coverage: 6890's interest payments on its debt are well covered by EBIT (50.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 21:44 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Lai Yih Footwear Co., Ltd. is covered by 7 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ronald Leung | BofA Global Research |
| Jihong Lai | Capital Securities Corporation |
| Hui-Chao Hsu | Citigroup Inc |