Champion Building MaterialsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Champion Building MaterialsLtd has a total shareholder equity of NT$5.4B and total debt of NT$1.4B, which brings its debt-to-equity ratio to 25.3%. Its total assets and total liabilities are NT$8.0B and NT$2.6B respectively. Champion Building MaterialsLtd's EBIT is NT$246.5M making its interest coverage ratio 11. It has cash and short-term investments of NT$2.0B.
Key information
25.3%
Debt to equity ratio
NT$1.37b
Debt
| Interest coverage ratio | 11x |
| Cash | NT$1.96b |
| Equity | NT$5.40b |
| Total liabilities | NT$2.60b |
| Total assets | NT$7.99b |
Financial Position Analysis
Short Term Liabilities: 1806's short term assets (NT$4.3B) exceed its short term liabilities (NT$2.3B).
Long Term Liabilities: 1806's short term assets (NT$4.3B) exceed its long term liabilities (NT$329.3M).
Debt to Equity History and Analysis
Debt Level: 1806 has more cash than its total debt.
Reducing Debt: 1806's debt to equity ratio has reduced from 46.9% to 25.3% 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 1806 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1806 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 8.8% per year.