Better Life Group Balance Sheet Health
Financial Health criteria checks 4/6
Better Life Group has a total shareholder equity of NT$955.0M and total debt of NT$587.1M, which brings its debt-to-equity ratio to 61.5%. Its total assets and total liabilities are NT$2.1B and NT$1.2B respectively.
Key information
61.5%
Debt to equity ratio
NT$587.13m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$430.52m |
| Equity | NT$955.01m |
| Total liabilities | NT$1.18b |
| Total assets | NT$2.13b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 1805's short term assets (NT$1.9B) exceed its short term liabilities (NT$1.1B).
Long Term Liabilities: 1805's short term assets (NT$1.9B) exceed its long term liabilities (NT$30.1M).
Debt to Equity History and Analysis
Debt Level: 1805's net debt to equity ratio (16.4%) is considered satisfactory.
Reducing Debt: 1805's debt to equity ratio has reduced from 132.5% to 61.5% over the past 5 years.
Debt Coverage: 1805's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1805's interest payments on its debt are well covered by EBIT.