United Renewable Energy Balance Sheet Health
Financial Health criteria checks 5/6
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$6.51b |
| 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 (48.4%) is considered high.
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.