Changs Ascending Enterprise Balance Sheet Health
Financial Health criteria checks 5/6
Changs Ascending Enterprise has a total shareholder equity of NT$494.5M and total debt of NT$255.7M, which brings its debt-to-equity ratio to 51.7%. Its total assets and total liabilities are NT$1.0B and NT$530.1M respectively.
Key information
51.7%
Debt to equity ratio
NT$255.73m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$197.75m |
| Equity | NT$494.51m |
| Total liabilities | NT$530.10m |
| Total assets | NT$1.02b |
Financial Position Analysis
Short Term Liabilities: 8038's short term assets (NT$399.4M) exceed its short term liabilities (NT$309.7M).
Long Term Liabilities: 8038's short term assets (NT$399.4M) exceed its long term liabilities (NT$220.3M).
Debt to Equity History and Analysis
Debt Level: 8038's net debt to equity ratio (11.7%) is considered satisfactory.
Reducing Debt: 8038's debt to equity ratio has increased from 46.8% to 51.7% 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: 8038 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 8038 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 3.8% each year