Lagis Enterprise Balance Sheet Health
Financial Health criteria checks 5/6
Lagis Enterprise has a total shareholder equity of NT$540.8M and total debt of NT$174.6M, which brings its debt-to-equity ratio to 32.3%. Its total assets and total liabilities are NT$845.4M and NT$304.6M respectively. Lagis Enterprise's EBIT is NT$77.1M making its interest coverage ratio -154.8. It has cash and short-term investments of NT$89.9M.
Key information
32.3%
Debt to equity ratio
NT$174.64m
Debt
Interest coverage ratio | -154.8x |
Cash | NT$89.86m |
Equity | NT$540.77m |
Total liabilities | NT$304.62m |
Total assets | NT$845.39m |
Recent financial health updates
No updates
Recent updates
Be Wary Of Lagis Enterprise (GTSM:6730) And Its Returns On Capital
Mar 23Are Lagis Enterprise Co., Ltd.'s (GTSM:6730) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
Jan 20Factors Income Investors Should Consider Before Adding Lagis Enterprise Co., Ltd. (GTSM:6730) To Their Portfolio
Dec 14Financial Position Analysis
Short Term Liabilities: 6730's short term assets (NT$306.5M) exceed its short term liabilities (NT$149.6M).
Long Term Liabilities: 6730's short term assets (NT$306.5M) exceed its long term liabilities (NT$155.0M).
Debt to Equity History and Analysis
Debt Level: 6730's net debt to equity ratio (15.7%) is considered satisfactory.
Reducing Debt: 6730's debt to equity ratio has increased from 5% to 32.3% over the past 5 years.
Debt Coverage: 6730's debt is well covered by operating cash flow (44.4%).
Interest Coverage: 6730 earns more interest than it pays, so coverage of interest payments is not a concern.