Lian Fa International Dining Business Balance Sheet Health
Financial Health criteria checks 6/6
Lian Fa International Dining Business has a total shareholder equity of NT$536.3M and total debt of NT$279.7M, which brings its debt-to-equity ratio to 52.1%. Its total assets and total liabilities are NT$1.1B and NT$561.4M respectively. Lian Fa International Dining Business's EBIT is NT$71.0M making its interest coverage ratio -5. It has cash and short-term investments of NT$500.0M.
Key information
52.1%
Debt to equity ratio
NT$279.65m
Debt
| Interest coverage ratio | -5x |
| Cash | NT$500.02m |
| Equity | NT$536.26m |
| Total liabilities | NT$561.42m |
| Total assets | NT$1.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2756's short term assets (NT$640.4M) exceed its short term liabilities (NT$169.4M).
Long Term Liabilities: 2756's short term assets (NT$640.4M) exceed its long term liabilities (NT$392.0M).
Debt to Equity History and Analysis
Debt Level: 2756 has more cash than its total debt.
Reducing Debt: 2756's debt to equity ratio has reduced from 66.4% to 52.1% over the past 5 years.
Debt Coverage: 2756's debt is well covered by operating cash flow (22.4%).
Interest Coverage: 2756 earns more interest than it pays, so coverage of interest payments is not a concern.