Leofoo Development Balance Sheet Health
Financial Health criteria checks 3/6
Leofoo Development has a total shareholder equity of NT$4.8B and total debt of NT$5.1B, which brings its debt-to-equity ratio to 104.8%. Its total assets and total liabilities are NT$15.6B and NT$10.8B respectively. Leofoo Development's EBIT is NT$75.9M making its interest coverage ratio 0.4. It has cash and short-term investments of NT$350.2M.
Key information
104.8%
Debt to equity ratio
NT$5.06b
Debt
| Interest coverage ratio | 0.4x |
| Cash | NT$350.21m |
| Equity | NT$4.83b |
| Total liabilities | NT$10.81b |
| Total assets | NT$15.64b |
Recent financial health updates
Recent updates
A Look At The Intrinsic Value Of Leofoo Development Co., Ltd. (TPE:2705)
Mar 26
Does Leofoo Development (TPE:2705) Have A Healthy Balance Sheet?
Feb 19
The Leofoo Development (TPE:2705) Share Price Has Gained 34% And Shareholders Are Hoping For More
Jan 15Calculating The Fair Value Of Leofoo Development Co., Ltd. (TPE:2705)
Dec 11Financial Position Analysis
Short Term Liabilities: 2705's short term assets (NT$503.9M) do not cover its short term liabilities (NT$1.2B).
Long Term Liabilities: 2705's short term assets (NT$503.9M) do not cover its long term liabilities (NT$9.6B).
Debt to Equity History and Analysis
Debt Level: 2705's net debt to equity ratio (97.6%) is considered high.
Reducing Debt: 2705's debt to equity ratio has reduced from 175% to 104.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 2705 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 2705 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 49.8% per year.