TaiRx Balance Sheet Health
Financial Health criteria checks 6/6
TaiRx has a total shareholder equity of NT$773.1M and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$833.7M and NT$60.6M respectively.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | n/a |
| Cash | NT$660.16m |
| Equity | NT$773.12m |
| Total liabilities | NT$60.63m |
| Total assets | NT$833.75m |
Financial Position Analysis
Short Term Liabilities: 6580's short term assets (NT$689.3M) exceed its short term liabilities (NT$46.1M).
Long Term Liabilities: 6580's short term assets (NT$689.3M) exceed its long term liabilities (NT$14.5M).
Debt to Equity History and Analysis
Debt Level: 6580 is debt free.
Reducing Debt: 6580 has not had any debt for 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: 6580 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 6580 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 1.7% each year