Longchen Paper & Packaging Balance Sheet Health
Financial Health criteria checks 1/6
Longchen Paper & Packaging has a total shareholder equity of NT$22.5B and total debt of NT$42.3B, which brings its debt-to-equity ratio to 188.5%. Its total assets and total liabilities are NT$72.8B and NT$50.4B respectively. Longchen Paper & Packaging's EBIT is NT$746.8M making its interest coverage ratio 0.5. It has cash and short-term investments of NT$2.0B.
Key information
188.5%
Debt to equity ratio
NT$42.35b
Debt
| Interest coverage ratio | 0.5x |
| Cash | NT$1.96b |
| Equity | NT$22.47b |
| Total liabilities | NT$50.38b |
| Total assets | NT$72.85b |
Recent financial health updates
Here's Why Longchen Paper & Packaging (TWSE:1909) Has A Meaningful Debt Burden
Aug 06
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
Here's Why Longchen Paper & Packaging (TWSE:1909) Has A Meaningful Debt Burden
Aug 06Longchen 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 22
Based 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$15.2B) do not cover its short term liabilities (NT$23.6B).
Long Term Liabilities: 1909's short term assets (NT$15.2B) do not cover its long term liabilities (NT$26.8B).
Debt to Equity History and Analysis
Debt Level: 1909's net debt to equity ratio (179.7%) is considered high.
Reducing Debt: 1909's debt to equity ratio has reduced from 201.2% to 188.5% over the past 5 years.
Debt Coverage: 1909's debt is not well covered by operating cash flow (11.2%).
Interest Coverage: 1909's interest payments on its debt are not well covered by EBIT (0.5x coverage).