HORNG SHIUE HOLDING Balance Sheet Health
Financial Health criteria checks 5/6
HORNG SHIUE HOLDING has a total shareholder equity of NT$701.2M and total debt of NT$672.1M, which brings its debt-to-equity ratio to 95.8%. Its total assets and total liabilities are NT$3.3B and NT$2.6B respectively.
Key information
95.8%
Debt to equity ratio
NT$672.07m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$278.08m |
| Equity | NT$701.20m |
| Total liabilities | NT$2.63b |
| Total assets | NT$3.33b |
Recent financial health updates
No updates
Recent updates
Investors Still Aren't Entirely Convinced By HORNG SHIUE HOLDING Co., Ltd.'s (TWSE:2243) Revenues Despite 29% Price Jump
Oct 07
HORNG SHIUE HOLDING Co., Ltd.'s (TWSE:2243) Shares Leap 30% Yet They're Still Not Telling The Full Story
Jul 13A Look At The Intrinsic Value Of HORNG SHIUE HOLDING Co., Ltd. (TWSE:2243)
Jul 12Further Upside For HORNG SHIUE HOLDING Co., Ltd. (TWSE:2243) Shares Could Introduce Price Risks After 32% Bounce
May 22HORNG SHIUE HOLDING Co., Ltd. (TWSE:2243) Screens Well But There Might Be A Catch
Mar 20Financial Position Analysis
Short Term Liabilities: 2243's short term assets (NT$2.7B) exceed its short term liabilities (NT$2.4B).
Long Term Liabilities: 2243's short term assets (NT$2.7B) exceed its long term liabilities (NT$215.7M).
Debt to Equity History and Analysis
Debt Level: 2243's net debt to equity ratio (56.2%) is considered high.
Reducing Debt: 2243's debt to equity ratio has reduced from 107.1% to 95.8% 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 2243 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 2243 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 41% per year.