Leofoo Development Balance Sheet Health
Financial Health criteria checks 1/6
Leofoo Development has a total shareholder equity of NT$4.8B and total debt of NT$5.2B, which brings its debt-to-equity ratio to 110.3%. Its total assets and total liabilities are NT$15.4B and NT$10.7B respectively. Leofoo Development's EBIT is NT$147.3M making its interest coverage ratio 0.8. It has cash and short-term investments of NT$290.6M.
Key information
110.3%
Debt to equity ratio
NT$5.24b
Debt
| Interest coverage ratio | 0.8x |
| Cash | NT$290.56m |
| Equity | NT$4.75b |
| Total liabilities | NT$10.69b |
| Total assets | NT$15.44b |
Recent financial health updates
Is Leofoo Development (TWSE:2705) Using Too Much Debt?
Apr 29
Does Leofoo Development (TPE:2705) Have A Healthy Balance Sheet?
Feb 19
Recent updates
Is Leofoo Development (TWSE:2705) Using Too Much Debt?
Apr 29A Look At The Intrinsic Value Of Leofoo Development Co., Ltd. (TPE:2705)
Mar 26Does Leofoo Development (TPE:2705) Have A Healthy Balance Sheet?
Feb 19The 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$444.8M) do not cover its short term liabilities (NT$940.0M).
Long Term Liabilities: 2705's short term assets (NT$444.8M) do not cover its long term liabilities (NT$9.7B).
Debt to Equity History and Analysis
Debt Level: 2705's net debt to equity ratio (104.2%) is considered high.
Reducing Debt: 2705's debt to equity ratio has reduced from 232.6% to 110.3% over the past 5 years.
Debt Coverage: 2705's debt is not well covered by operating cash flow (9.9%).
Interest Coverage: 2705's interest payments on its debt are not well covered by EBIT (0.8x coverage).