Landis Taipei Hotel Balance Sheet Health
Financial Health criteria checks 4/6
Landis Taipei Hotel has a total shareholder equity of NT$465.7M and total debt of NT$202.6M, which brings its debt-to-equity ratio to 43.5%. Its total assets and total liabilities are NT$909.3M and NT$443.6M respectively. Landis Taipei Hotel's EBIT is NT$18.3M making its interest coverage ratio 5.8. It has cash and short-term investments of NT$124.3M.
Key information
43.5%
Debt to equity ratio
NT$202.61m
Debt
| Interest coverage ratio | 5.8x |
| Cash | NT$124.28m |
| Equity | NT$465.73m |
| Total liabilities | NT$443.56m |
| Total assets | NT$909.28m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 5703's short term assets (NT$243.8M) exceed its short term liabilities (NT$198.4M).
Long Term Liabilities: 5703's short term assets (NT$243.8M) do not cover its long term liabilities (NT$245.1M).
Debt to Equity History and Analysis
Debt Level: 5703's net debt to equity ratio (16.8%) is considered satisfactory.
Reducing Debt: 5703's debt to equity ratio has increased from 40.9% to 43.5% over the past 5 years.
Debt Coverage: 5703's debt is well covered by operating cash flow (37.1%).
Interest Coverage: 5703's interest payments on its debt are well covered by EBIT (5.8x coverage).