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).