Zhong Yang TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Zhong Yang TechnologyLtd has a total shareholder equity of NT$1.9B and total debt of NT$1.3B, which brings its debt-to-equity ratio to 69.8%. Its total assets and total liabilities are NT$3.7B and NT$1.8B respectively.
Key information
69.8%
Debt to equity ratio
NT$1.34b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$990.78m |
| Equity | NT$1.91b |
| Total liabilities | NT$1.78b |
| Total assets | NT$3.69b |
Recent financial health updates
Recent updates
Zhong Yang Technology Co.,Ltd (TWSE:6668) Stocks Shoot Up 36% But Its P/S Still Looks Reasonable
Apr 12
Investors Appear Satisfied With Zhong Yang Technology Co.,Ltd's (TWSE:6668) Prospects As Shares Rocket 25%
Feb 27When Should You Buy Zhong Yang Technology Co., Ltd. (TPE:6668)?
Mar 25What Percentage Of Zhong Yang Technology Co., Ltd. (TPE:6668) Shares Do Insiders Own?
Mar 11Zhong Yang Technology (TPE:6668) Has A Somewhat Strained Balance Sheet
Feb 18Zhong Yang Technology's (TPE:6668) Stock Price Has Reduced 59% In The Past Three Years
Feb 03
We're Watching These Trends At Zhong Yang Technology (TPE:6668)
Jan 20Does Zhong Yang Technology Co., Ltd.'s (TPE:6668) Weak Fundamentals Mean That The Stock Could Move In The Opposite Direction?
Dec 31Is There Now An Opportunity In Zhong Yang Technology Co., Ltd. (TPE:6668)?
Dec 16Do Institutions Own Zhong Yang Technology Co., Ltd. (TPE:6668) Shares?
Dec 01Financial Position Analysis
Short Term Liabilities: 6668's short term assets (NT$1.6B) exceed its short term liabilities (NT$1.2B).
Long Term Liabilities: 6668's short term assets (NT$1.6B) exceed its long term liabilities (NT$528.0M).
Debt to Equity History and Analysis
Debt Level: 6668's net debt to equity ratio (18%) is considered satisfactory.
Reducing Debt: 6668's debt to equity ratio has increased from 22.5% to 69.8% 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: 6668 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 6668 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 23.4% each year