Mercuries Life Insurance Balance Sheet Health
Financial Health criteria checks 4/6
Mercuries Life Insurance has a total shareholder equity of NT$44.0B and total debt of NT$28.0B, which brings its debt-to-equity ratio to 63.7%. Its total assets and total liabilities are NT$1,603.6B and NT$1,559.6B respectively. Mercuries Life Insurance's EBIT is NT$517.3M making its interest coverage ratio 1.3. It has cash and short-term investments of NT$200.6B.
Key information
63.7%
Debt to equity ratio
NT$28.03b
Debt
| Interest coverage ratio | 1.3x |
| Cash | NT$200.58b |
| Equity | NT$44.00b |
| Total liabilities | NT$1.56t |
| Total assets | NT$1.60t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2867's short term assets (NT$216.9B) exceed its short term liabilities (NT$30.2B).
Long Term Liabilities: 2867's short term assets (NT$216.9B) do not cover its long term liabilities (NT$1,529.4B).
Debt to Equity History and Analysis
Debt Level: 2867 has more cash than its total debt.
Reducing Debt: 2867's debt to equity ratio has increased from 20.7% to 63.7% 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: 2867 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 2867 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 39% each year