Tang Eng Iron Works Balance Sheet Health
Financial Health criteria checks 2/6
Tang Eng Iron Works has a total shareholder equity of NT$4.6B and total debt of NT$7.8B, which brings its debt-to-equity ratio to 170%. Its total assets and total liabilities are NT$16.7B and NT$12.1B respectively.
Key information
170.0%
Debt to equity ratio
NT$7.84b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$288.67m |
| Equity | NT$4.61b |
| Total liabilities | NT$12.05b |
| Total assets | NT$16.67b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2035's short term assets (NT$2.6B) exceed its short term liabilities (NT$2.2B).
Long Term Liabilities: 2035's short term assets (NT$2.6B) do not cover its long term liabilities (NT$9.9B).
Debt to Equity History and Analysis
Debt Level: 2035's net debt to equity ratio (163.7%) is considered high.
Reducing Debt: 2035's debt to equity ratio has reduced from 172.1% to 170% 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: 2035 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 2035 has less than a year of cash runway if free cash flow continues to grow at historical rates of 36.7% each year.