Victory New Materials Limited Balance Sheet Health
Financial Health criteria checks 3/6
Victory New Materials Limited has a total shareholder equity of NT$3.5B and total debt of NT$229.2M, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are NT$3.8B and NT$340.5M respectively.
Key information
6.6%
Debt to equity ratio
NT$229.23m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$769.07m |
| Equity | NT$3.49b |
| Total liabilities | NT$340.49m |
| Total assets | NT$3.83b |
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$1.0B) exceed its short term liabilities (NT$141.6M).
Long Term Liabilities: 1340's short term assets (NT$1.0B) exceed its long term liabilities (NT$198.9M).
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 6.6% 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.