Tah Tong Textile Balance Sheet Health
Financial Health criteria checks 3/6
Tah Tong Textile has a total shareholder equity of NT$387.5M and total debt of NT$1.2B, which brings its debt-to-equity ratio to 307.7%. Its total assets and total liabilities are NT$1.9B and NT$1.6B respectively.
Key information
307.7%
Debt to equity ratio
NT$1.19b
Debt
Interest coverage ratio | n/a |
Cash | NT$149.32m |
Equity | NT$387.46m |
Total liabilities | NT$1.55b |
Total assets | NT$1.94b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 1441's short term assets (NT$744.3M) do not cover its short term liabilities (NT$1.4B).
Long Term Liabilities: 1441's short term assets (NT$744.3M) exceed its long term liabilities (NT$167.7M).
Debt to Equity History and Analysis
Debt Level: 1441's net debt to equity ratio (269.1%) is considered high.
Reducing Debt: 1441's debt to equity ratio has increased from 61.1% to 307.7% 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: 1441 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 1441 has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 16.9% each year.