United Renewable Energy Balance Sheet Health
Financial Health criteria checks 6/6
United Renewable Energy has a total shareholder equity of NT$11.8B and total debt of NT$12.2B, which brings its debt-to-equity ratio to 103.4%. Its total assets and total liabilities are NT$30.3B and NT$18.5B respectively.
Key information
103.4%
Debt to equity ratio
NT$12.24b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$9.43b |
| Equity | NT$11.84b |
| Total liabilities | NT$18.50b |
| Total assets | NT$30.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UREEN's short term assets (NT$12.1B) exceed its short term liabilities (NT$10.2B).
Long Term Liabilities: UREEN's short term assets (NT$12.1B) exceed its long term liabilities (NT$8.3B).
Debt to Equity History and Analysis
Debt Level: UREEN's net debt to equity ratio (23.7%) is considered satisfactory.
Reducing Debt: UREEN's debt to equity ratio has reduced from 105.8% to 103.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable UREEN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: UREEN is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 26.5% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 01:30 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
United Renewable Energy Co., Ltd. is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Wanping Yeh | Barclays |
| Kevin Sun | IBTS Investment Consulting Co., Ltd. |
| Zixian Liang | KGI Securities Co. Ltd. |