Taiwan Tea Balance Sheet Health
Financial Health criteria checks 4/6
Taiwan Tea has a total shareholder equity of NT$12.6B and total debt of NT$5.1B, which brings its debt-to-equity ratio to 40.6%. Its total assets and total liabilities are NT$21.4B and NT$8.9B respectively.
Key information
40.6%
Debt to equity ratio
NT$5.10b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$74.00m |
| Equity | NT$12.57b |
| Total liabilities | NT$8.86b |
| Total assets | NT$21.43b |
Financial Position Analysis
Short Term Liabilities: 2913's short term assets (NT$1.2B) exceed its short term liabilities (NT$725.2M).
Long Term Liabilities: 2913's short term assets (NT$1.2B) do not cover its long term liabilities (NT$8.1B).
Debt to Equity History and Analysis
Debt Level: 2913's net debt to equity ratio (40%) is considered satisfactory.
Reducing Debt: 2913's debt to equity ratio has increased from 33% to 40.6% 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 2913 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 2913 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 36.1% per year.