Feng Ching Metal Balance Sheet Health
Financial Health criteria checks 4/6
Feng Ching Metal has a total shareholder equity of NT$481.3M and total debt of NT$483.9M, which brings its debt-to-equity ratio to 100.5%. Its total assets and total liabilities are NT$996.0M and NT$514.6M respectively.
Key information
100.5%
Debt to equity ratio
NT$483.91m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$149.83m |
| Equity | NT$481.34m |
| Total liabilities | NT$514.64m |
| Total assets | NT$995.98m |
Financial Position Analysis
Short Term Liabilities: 2061's short term assets (NT$750.6M) exceed its short term liabilities (NT$485.2M).
Long Term Liabilities: 2061's short term assets (NT$750.6M) exceed its long term liabilities (NT$29.4M).
Debt to Equity History and Analysis
Debt Level: 2061's net debt to equity ratio (69.4%) is considered high.
Reducing Debt: 2061's debt to equity ratio has increased from 54.2% to 100.5% 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 2061 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 2061 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 11.3% per year.