China Television Company Balance Sheet Health
Financial Health criteria checks 2/6
China Television Company has a total shareholder equity of NT$437.9M and total debt of NT$2.3B, which brings its debt-to-equity ratio to 532.1%. Its total assets and total liabilities are NT$3.6B and NT$3.2B respectively.
Key information
532.1%
Debt to equity ratio
NT$2.33b
Debt
Interest coverage ratio | n/a |
Cash | NT$140.13m |
Equity | NT$437.86m |
Total liabilities | NT$3.19b |
Total assets | NT$3.63b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 9928's short term assets (NT$446.2M) do not cover its short term liabilities (NT$1.9B).
Long Term Liabilities: 9928's short term assets (NT$446.2M) do not cover its long term liabilities (NT$1.3B).
Debt to Equity History and Analysis
Debt Level: 9928's net debt to equity ratio (500.1%) is considered high.
Reducing Debt: 9928's debt to equity ratio has increased from 406.3% to 532.1% 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: Whilst unprofitable 9928 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 9928 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 56.9% per year.