Ideal Bike Balance Sheet Health
Financial Health criteria checks 5/6
Ideal Bike has a total shareholder equity of NT$2.1B and total debt of NT$2.2B, which brings its debt-to-equity ratio to 103.5%. Its total assets and total liabilities are NT$5.3B and NT$3.2B respectively.
Key information
103.5%
Debt to equity ratio
NT$2.22b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$649.36m |
| Equity | NT$2.14b |
| Total liabilities | NT$3.17b |
| Total assets | NT$5.31b |
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$3.8B) exceed its short term liabilities (NT$2.8B).
Long Term Liabilities: 8933's short term assets (NT$3.8B) exceed its long term liabilities (NT$397.8M).
Debt to Equity History and Analysis
Debt Level: 8933's net debt to equity ratio (73.2%) is considered high.
Reducing Debt: 8933's debt to equity ratio has reduced from 238.1% to 103.5% 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, even with free cash flow being positive and shrinking by 3.9% per year.