Long Bon InternationalLtd Balance Sheet Health
Financial Health criteria checks 5/6
Long Bon InternationalLtd has a total shareholder equity of NT$19.9B and total debt of NT$6.7B, which brings its debt-to-equity ratio to 33.7%. Its total assets and total liabilities are NT$40.8B and NT$20.9B respectively. Long Bon InternationalLtd's EBIT is NT$898.9M making its interest coverage ratio 7.5. It has cash and short-term investments of NT$3.5B.
Key information
33.7%
Debt to equity ratio
NT$6.70b
Debt
Interest coverage ratio | 7.5x |
Cash | NT$3.54b |
Equity | NT$19.88b |
Total liabilities | NT$20.94b |
Total assets | NT$40.82b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2514's short term assets (NT$17.6B) exceed its short term liabilities (NT$15.7B).
Long Term Liabilities: 2514's short term assets (NT$17.6B) exceed its long term liabilities (NT$5.2B).
Debt to Equity History and Analysis
Debt Level: 2514's net debt to equity ratio (15.9%) is considered satisfactory.
Reducing Debt: 2514's debt to equity ratio has increased from 31.7% to 33.7% over the past 5 years.
Debt Coverage: 2514's debt is well covered by operating cash flow (31.1%).
Interest Coverage: 2514's interest payments on its debt are well covered by EBIT (7.5x coverage).