Better Life Group Balance Sheet Health
Financial Health criteria checks 6/6
Better Life Group has a total shareholder equity of NT$795.6M and total debt of NT$430.1M, which brings its debt-to-equity ratio to 54.1%. Its total assets and total liabilities are NT$1.6B and NT$793.3M respectively.
Key information
54.1%
Debt to equity ratio
NT$430.12m
Debt
Interest coverage ratio | n/a |
Cash | NT$139.99m |
Equity | NT$795.56m |
Total liabilities | NT$793.33m |
Total assets | NT$1.59b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 1805's short term assets (NT$1.2B) exceed its short term liabilities (NT$708.1M).
Long Term Liabilities: 1805's short term assets (NT$1.2B) exceed its long term liabilities (NT$85.2M).
Debt to Equity History and Analysis
Debt Level: 1805's net debt to equity ratio (36.5%) is considered satisfactory.
Reducing Debt: 1805's debt to equity ratio has reduced from 127.2% to 54.1% 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: 1805 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 1805 has sufficient cash runway for 2.3 years if free cash flow continues to grow at historical rates of 38.4% each year.