Gold Rain Enterprises Balance Sheet Health
Financial Health criteria checks 6/6
Gold Rain Enterprises has a total shareholder equity of NT$1.1B and total debt of NT$50.8M, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are NT$1.2B and NT$167.6M respectively.
Key information
4.7%
Debt to equity ratio
NT$50.84m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$530.92m |
| Equity | NT$1.08b |
| Total liabilities | NT$167.64m |
| Total assets | NT$1.24b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 4503's short term assets (NT$767.2M) exceed its short term liabilities (NT$122.4M).
Long Term Liabilities: 4503's short term assets (NT$767.2M) exceed its long term liabilities (NT$45.2M).
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 20.2% to 4.7% 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 3 years based on its current free cash flow.
Forecast Cash Runway: 4503 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 29.7% each year