Laster Tech Balance Sheet Health
Financial Health criteria checks 5/6
Laster Tech has a total shareholder equity of NT$3.4B and total debt of NT$3.4B, which brings its debt-to-equity ratio to 98.9%. Its total assets and total liabilities are NT$10.1B and NT$6.7B respectively. Laster Tech's EBIT is NT$346.4M making its interest coverage ratio 4.6. It has cash and short-term investments of NT$2.0B.
Key information
98.9%
Debt to equity ratio
NT$3.40b
Debt
| Interest coverage ratio | 4.6x |
| Cash | NT$1.99b |
| Equity | NT$3.44b |
| Total liabilities | NT$6.66b |
| Total assets | NT$10.10b |
Recent financial health updates
Laster Tech (TPE:3346) Takes On Some Risk With Its Use Of Debt
Apr 28
We Think Laster Tech (TPE:3346) Has A Fair Chunk Of Debt
Dec 31Recent updates
We Think You Should Be Aware Of Some Concerning Factors In Laster Tech's (TWSE:3346) Earnings
Nov 21Laster Tech (TWSE:3346) Is Increasing Its Dividend To NT$1.5
Aug 23Impressive Earnings May Not Tell The Whole Story For Laster Tech (TWSE:3346)
Mar 22Laster Tech (TPE:3346) Takes On Some Risk With Its Use Of Debt
Apr 28Returns On Capital At Laster Tech (TPE:3346) Paint A Concerning Picture
Apr 02Did You Participate In Any Of Laster Tech's (TPE:3346) Fantastic 124% Return ?
Feb 22We Think Laster Tech (TPE:3346) Has A Fair Chunk Of Debt
Dec 31Financial Position Analysis
Short Term Liabilities: 3346's short term assets (NT$8.0B) exceed its short term liabilities (NT$5.6B).
Long Term Liabilities: 3346's short term assets (NT$8.0B) exceed its long term liabilities (NT$1.1B).
Debt to Equity History and Analysis
Debt Level: 3346's net debt to equity ratio (41%) is considered high.
Reducing Debt: 3346's debt to equity ratio has reduced from 115% to 98.9% over the past 5 years.
Debt Coverage: 3346's debt is well covered by operating cash flow (21.8%).
Interest Coverage: 3346's interest payments on its debt are well covered by EBIT (4.6x coverage).