Hung Chou Fiber Ind Balance Sheet Health
Financial Health criteria checks 3/6
Hung Chou Fiber Ind has a total shareholder equity of NT$1.1B and total debt of NT$858.3M, which brings its debt-to-equity ratio to 78.4%. Its total assets and total liabilities are NT$2.3B and NT$1.2B respectively.
Key information
78.4%
Debt to equity ratio
NT$858.34m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$63.92m |
| Equity | NT$1.10b |
| Total liabilities | NT$1.25b |
| Total assets | NT$2.34b |
Financial Position Analysis
Short Term Liabilities: 1413's short term assets (NT$503.6M) exceed its short term liabilities (NT$446.3M).
Long Term Liabilities: 1413's short term assets (NT$503.6M) do not cover its long term liabilities (NT$802.7M).
Debt to Equity History and Analysis
Debt Level: 1413's net debt to equity ratio (72.5%) is considered high.
Reducing Debt: 1413's debt to equity ratio has increased from 48.5% to 78.4% 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 1413 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1413 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 13.2% per year.