Oceanic Beverages Balance Sheet Health
Financial Health criteria checks 0/6
Oceanic Beverages has a total shareholder equity of NT$227.2M and total debt of NT$450.7M, which brings its debt-to-equity ratio to 198.4%. Its total assets and total liabilities are NT$819.3M and NT$592.1M respectively.
Key information
198.4%
Debt to equity ratio
NT$450.66m
Debt
Interest coverage ratio | n/a |
Cash | NT$1.13m |
Equity | NT$227.21m |
Total liabilities | NT$592.12m |
Total assets | NT$819.33m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 1213's short term assets (NT$32.6M) do not cover its short term liabilities (NT$554.8M).
Long Term Liabilities: 1213's short term assets (NT$32.6M) do not cover its long term liabilities (NT$37.3M).
Debt to Equity History and Analysis
Debt Level: 1213's net debt to equity ratio (197.9%) is considered high.
Reducing Debt: 1213's debt to equity ratio has increased from 94.3% to 198.4% 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: 1213 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 1213 has less than a year of cash runway if free cash flow continues to grow at historical rates of 46.5% each year.