Everest Textile Balance Sheet Health
Financial Health criteria checks 5/6
Everest Textile has a total shareholder equity of NT$5.8B and total debt of NT$4.8B, which brings its debt-to-equity ratio to 81.7%. Its total assets and total liabilities are NT$12.2B and NT$6.4B respectively.
Key information
81.7%
Debt to equity ratio
NT$4.75b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$977.45m |
| Equity | NT$5.82b |
| Total liabilities | NT$6.42b |
| Total assets | NT$12.24b |
Financial Position Analysis
Short Term Liabilities: 1460's short term assets (NT$6.4B) exceed its short term liabilities (NT$5.9B).
Long Term Liabilities: 1460's short term assets (NT$6.4B) exceed its long term liabilities (NT$571.0M).
Debt to Equity History and Analysis
Debt Level: 1460's net debt to equity ratio (64.9%) is considered high.
Reducing Debt: 1460's debt to equity ratio has reduced from 116.3% to 81.7% 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: Whilst unprofitable 1460 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1460 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 40.3% per year.