HORNG SHIUE HOLDING Balance Sheet Health
Financial Health criteria checks 6/6
HORNG SHIUE HOLDING has a total shareholder equity of NT$719.9M and total debt of NT$662.4M, which brings its debt-to-equity ratio to 92%. Its total assets and total liabilities are NT$3.6B and NT$2.9B respectively.
Key information
92.0%
Debt to equity ratio
NT$662.38m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$388.25m |
| Equity | NT$719.91m |
| Total liabilities | NT$2.86b |
| Total assets | NT$3.58b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2243's short term assets (NT$2.9B) exceed its short term liabilities (NT$2.6B).
Long Term Liabilities: 2243's short term assets (NT$2.9B) exceed its long term liabilities (NT$243.9M).
Debt to Equity History and Analysis
Debt Level: 2243's net debt to equity ratio (38.1%) is considered satisfactory.
Reducing Debt: 2243's debt to equity ratio has reduced from 94.3% to 92% 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 49.4% per year.