Gold Rain Enterprises Balance Sheet Health
Financial Health criteria checks 6/6
Gold Rain Enterprises has a total shareholder equity of NT$879.1M and total debt of NT$32.9M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are NT$990.9M and NT$111.8M respectively.
Key information
3.7%
Debt to equity ratio
NT$32.92m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$300.44m |
| Equity | NT$879.13m |
| Total liabilities | NT$111.79m |
| Total assets | NT$990.92m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 4503's short term assets (NT$523.3M) exceed its short term liabilities (NT$79.7M).
Long Term Liabilities: 4503's short term assets (NT$523.3M) exceed its long term liabilities (NT$32.1M).
Debt to Equity History and Analysis
Debt Level: 4503 has more cash than its total debt.
Reducing Debt: 4503's debt to equity ratio has reduced from 10% to 3.7% 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: 4503 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 4503 has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 36.8% each year.