Victory New Materials Limited Balance Sheet Health
Financial Health criteria checks 3/6
Victory New Materials Limited has a total shareholder equity of NT$3.7B and total debt of NT$207.4M, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are NT$4.1B and NT$374.3M respectively.
Key information
5.6%
Debt to equity ratio
NT$207.44m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$986.92m |
| Equity | NT$3.72b |
| Total liabilities | NT$374.26m |
| Total assets | NT$4.10b |
Recent financial health updates
We're Keeping An Eye On Victory New Materials Limited's (TPE:1340) Cash Burn Rate
Mar 14
We Think Victory New Materials Limited (TPE:1340) Needs To Drive Business Growth Carefully
Nov 30Recent updates
We're Keeping An Eye On Victory New Materials Limited's (TPE:1340) Cash Burn Rate
Mar 14What Type Of Returns Would Victory New Materials Limited's(TPE:1340) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Jan 21We Think Victory New Materials Limited (TPE:1340) Needs To Drive Business Growth Carefully
Nov 30Financial Position Analysis
Short Term Liabilities: 1340's short term assets (NT$1.3B) exceed its short term liabilities (NT$177.2M).
Long Term Liabilities: 1340's short term assets (NT$1.3B) exceed its long term liabilities (NT$197.1M).
Debt to Equity History and Analysis
Debt Level: 1340 has more cash than its total debt.
Reducing Debt: 1340's debt to equity ratio has increased from 0% to 5.6% over the past 5 years.
Debt Coverage: 1340's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1340's interest payments on its debt are well covered by EBIT.