Luminescence Technology Balance Sheet Health
Financial Health criteria checks 5/6
Luminescence Technology has a total shareholder equity of NT$325.6M and total debt of NT$30.0M, which brings its debt-to-equity ratio to 9.2%. Its total assets and total liabilities are NT$381.2M and NT$55.7M respectively. Luminescence Technology's EBIT is NT$11.1M making its interest coverage ratio -5. It has cash and short-term investments of NT$196.4M.
Key information
9.2%
Debt to equity ratio
NT$30.00m
Debt
| Interest coverage ratio | -5x |
| Cash | NT$196.42m |
| Equity | NT$325.56m |
| Total liabilities | NT$55.68m |
| Total assets | NT$381.24m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6729's short term assets (NT$273.5M) exceed its short term liabilities (NT$22.0M).
Long Term Liabilities: 6729's short term assets (NT$273.5M) exceed its long term liabilities (NT$33.7M).
Debt to Equity History and Analysis
Debt Level: 6729 has more cash than its total debt.
Reducing Debt: 6729's debt to equity ratio has increased from 8.2% to 9.2% over the past 5 years.
Debt Coverage: 6729's debt is well covered by operating cash flow (107.7%).
Interest Coverage: 6729 earns more interest than it pays, so coverage of interest payments is not a concern.