Tex-Ray Industrial Balance Sheet Health
Financial Health criteria checks 4/6
Tex-Ray Industrial has a total shareholder equity of NT$2.9B and total debt of NT$4.1B, which brings its debt-to-equity ratio to 141.5%. Its total assets and total liabilities are NT$8.3B and NT$5.4B respectively.
Key information
141.5%
Debt to equity ratio
NT$4.11b
Debt
Interest coverage ratio | n/a |
Cash | NT$2.33b |
Equity | NT$2.90b |
Total liabilities | NT$5.36b |
Total assets | NT$8.27b |
Recent financial health updates
Recent updates
What Do The Returns At Tex-Ray Industrial (TPE:1467) Mean Going Forward?
Mar 08Is Tex-Ray Industrial (TPE:1467) Using Too Much Debt?
Feb 01Can You Imagine How Jubilant Tex-Ray Industrial's (TPE:1467) Shareholders Feel About Its 135% Share Price Gain?
Dec 28Here’s What’s Happening With Returns At Tex-Ray Industrial (TPE:1467)
Nov 23Financial Position Analysis
Short Term Liabilities: 1467's short term assets (NT$4.2B) exceed its short term liabilities (NT$3.1B).
Long Term Liabilities: 1467's short term assets (NT$4.2B) exceed its long term liabilities (NT$2.3B).
Debt to Equity History and Analysis
Debt Level: 1467's net debt to equity ratio (61.3%) is considered high.
Reducing Debt: 1467's debt to equity ratio has increased from 120.8% to 141.5% 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 1467 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1467 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 32.7% per year.