TrueLight Balance Sheet Health
Financial Health criteria checks 6/6
TrueLight has a total shareholder equity of NT$1.0B and total debt of NT$270.3M, which brings its debt-to-equity ratio to 26.6%. Its total assets and total liabilities are NT$1.5B and NT$487.8M respectively.
Key information
26.6%
Debt to equity ratio
NT$270.32m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$551.50m |
| Equity | NT$1.02b |
| Total liabilities | NT$487.77m |
| Total assets | NT$1.51b |
Recent financial health updates
Recent updates
At NT$41.25, Is TrueLight Corporation (GTSM:3234) Worth Looking At Closely?
Mar 21
TrueLight (GTSM:3234) Is Making Moderate Use Of Debt
Feb 28Breakeven Is Near for TrueLight Corporation (GTSM:3234)
Feb 07
TrueLight Corporation (GTSM:3234) Shares Could Be 36% Below Their Intrinsic Value Estimate
Jan 17If You Had Bought TrueLight's (GTSM:3234) Shares Five Years Ago You Would Be Down 67%
Dec 27At NT$45.00, Is It Time To Put TrueLight Corporation (GTSM:3234) On Your Watch List?
Dec 06Financial Position Analysis
Short Term Liabilities: 3234's short term assets (NT$894.7M) exceed its short term liabilities (NT$355.6M).
Long Term Liabilities: 3234's short term assets (NT$894.7M) exceed its long term liabilities (NT$132.2M).
Debt to Equity History and Analysis
Debt Level: 3234 has more cash than its total debt.
Reducing Debt: 3234's debt to equity ratio has reduced from 123.1% to 26.6% 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: 3234 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 3234 has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 17.3% each year.