Asia Plastic Recycling Holding Balance Sheet Health
Financial Health criteria checks 5/6
Asia Plastic Recycling Holding has a total shareholder equity of NT$4.4B and total debt of NT$396.7M, which brings its debt-to-equity ratio to 9%. Its total assets and total liabilities are NT$5.0B and NT$625.6M respectively.
Key information
9.0%
Debt to equity ratio
NT$396.72m
Debt
Interest coverage ratio | n/a |
Cash | NT$1.16b |
Equity | NT$4.38b |
Total liabilities | NT$625.61m |
Total assets | NT$5.01b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1337's short term assets (NT$1.4B) exceed its short term liabilities (NT$109.7M).
Long Term Liabilities: 1337's short term assets (NT$1.4B) exceed its long term liabilities (NT$515.9M).
Debt to Equity History and Analysis
Debt Level: 1337 has more cash than its total debt.
Reducing Debt: 1337's debt to equity ratio has increased from 2.2% to 9% 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: 1337 has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 1337 has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 45.1% each year.