Ideal Bike Balance Sheet Health
Financial Health criteria checks 5/6
Ideal Bike has a total shareholder equity of NT$2.4B and total debt of NT$1.6B, which brings its debt-to-equity ratio to 65.6%. Its total assets and total liabilities are NT$4.7B and NT$2.3B respectively.
Key information
65.6%
Debt to equity ratio
NT$1.55b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$517.41m |
| Equity | NT$2.37b |
| Total liabilities | NT$2.28b |
| Total assets | NT$4.65b |
Recent financial health updates
Does Ideal Bike (GTSM:8933) Have A Healthy Balance Sheet?
Apr 06
Ideal Bike (GTSM:8933) Is Making Moderate Use Of Debt
Dec 23Recent updates
Does Ideal Bike (GTSM:8933) Have A Healthy Balance Sheet?
Apr 06Can You Imagine How Ideal Bike's (GTSM:8933) Shareholders Feel About The 60% Share Price Increase?
Jan 28Ideal Bike (GTSM:8933) Is Making Moderate Use Of Debt
Dec 23Are Ideal Bike's (GTSM:8933) Statutory Earnings A Good Guide To Its Underlying Profitability?
Nov 18Financial Position Analysis
Short Term Liabilities: 8933's short term assets (NT$3.1B) exceed its short term liabilities (NT$2.0B).
Long Term Liabilities: 8933's short term assets (NT$3.1B) exceed its long term liabilities (NT$320.3M).
Debt to Equity History and Analysis
Debt Level: 8933's net debt to equity ratio (43.7%) is considered high.
Reducing Debt: 8933's debt to equity ratio has reduced from 306.8% to 65.6% 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 8933 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8933 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 13.1% per year.