King House Balance Sheet Health
Financial Health criteria checks 5/6
King House has a total shareholder equity of NT$994.6M and total debt of NT$10.3M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are NT$1.3B and NT$297.9M respectively. King House's EBIT is NT$13.3M making its interest coverage ratio 2.7. It has cash and short-term investments of NT$956.7M.
Key information
1.0%
Debt to equity ratio
NT$10.28m
Debt
Interest coverage ratio | 2.7x |
Cash | NT$956.72m |
Equity | NT$994.63m |
Total liabilities | NT$297.87m |
Total assets | NT$1.29b |
Financial Position Analysis
Short Term Liabilities: 4419's short term assets (NT$983.4M) exceed its short term liabilities (NT$120.0M).
Long Term Liabilities: 4419's short term assets (NT$983.4M) exceed its long term liabilities (NT$177.9M).
Debt to Equity History and Analysis
Debt Level: 4419 has more cash than its total debt.
Reducing Debt: 4419's debt to equity ratio has increased from 0% to 1% 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 4419 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 4419 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 56.5% per year.