Longchen Paper & Packaging Balance Sheet Health
Financial Health criteria checks 0/6
Longchen Paper & Packaging has a total shareholder equity of NT$22.1B and total debt of NT$41.4B, which brings its debt-to-equity ratio to 187%. Its total assets and total liabilities are NT$70.1B and NT$48.0B respectively. Longchen Paper & Packaging's EBIT is NT$30.9M making its interest coverage ratio 0. It has cash and short-term investments of NT$1.0B.
Key information
187.0%
Debt to equity ratio
NT$41.37b
Debt
Interest coverage ratio | 0.02x |
Cash | NT$1.04b |
Equity | NT$22.12b |
Total liabilities | NT$48.00b |
Total assets | NT$70.13b |
Recent financial health updates
Longchen Paper & Packaging (TPE:1909) Has A Somewhat Strained Balance Sheet
Mar 13These 4 Measures Indicate That Longchen Paper & Packaging (TPE:1909) Is Using Debt Extensively
Nov 30Recent updates
Longchen Paper & Packaging (TPE:1909) Is Reinvesting At Lower Rates Of Return
Apr 23Is It Time To Consider Buying Longchen Paper & Packaging Co., Ltd. (TPE:1909)?
Apr 10Longchen Paper & Packaging (TPE:1909) Has A Somewhat Strained Balance Sheet
Mar 13Is Longchen Paper & Packaging Co., Ltd. (TPE:1909) A Good Dividend Stock?
Feb 26Should We Be Excited About The Trends Of Returns At Longchen Paper & Packaging (TPE:1909)?
Jan 22Based On Its ROE, Is Longchen Paper & Packaging Co., Ltd. (TPE:1909) A High Quality Stock?
Jan 04Here's What Longchen Paper & Packaging Co., Ltd.'s (TPE:1909) Shareholder Ownership Structure Looks Like
Dec 18These 4 Measures Indicate That Longchen Paper & Packaging (TPE:1909) Is Using Debt Extensively
Nov 30Financial Position Analysis
Short Term Liabilities: 1909's short term assets (NT$13.5B) do not cover its short term liabilities (NT$18.8B).
Long Term Liabilities: 1909's short term assets (NT$13.5B) do not cover its long term liabilities (NT$29.2B).
Debt to Equity History and Analysis
Debt Level: 1909's net debt to equity ratio (182.3%) is considered high.
Reducing Debt: 1909's debt to equity ratio has increased from 183.5% to 187% over the past 5 years.
Debt Coverage: 1909's debt is not well covered by operating cash flow (10.6%).
Interest Coverage: 1909's interest payments on its debt are not well covered by EBIT (0x coverage).