Landis Taipei Hotel Balance Sheet Health
Financial Health criteria checks 5/6
Landis Taipei Hotel has a total shareholder equity of NT$473.9M and total debt of NT$206.3M, which brings its debt-to-equity ratio to 43.5%. Its total assets and total liabilities are NT$943.8M and NT$470.0M respectively. Landis Taipei Hotel's EBIT is NT$46.1M making its interest coverage ratio 12. It has cash and short-term investments of NT$182.1M.
Key information
43.5%
Debt to equity ratio
NT$206.28m
Debt
Interest coverage ratio | 12x |
Cash | NT$182.06m |
Equity | NT$473.86m |
Total liabilities | NT$469.99m |
Total assets | NT$943.85m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 5703's short term assets (NT$249.5M) exceed its short term liabilities (NT$220.7M).
Long Term Liabilities: 5703's short term assets (NT$249.5M) exceed its long term liabilities (NT$249.3M).
Debt to Equity History and Analysis
Debt Level: 5703's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: 5703's debt to equity ratio has increased from 35.1% to 43.5% over the past 5 years.
Debt Coverage: 5703's debt is well covered by operating cash flow (43.3%).
Interest Coverage: 5703's interest payments on its debt are well covered by EBIT (12x coverage).