TrueLight Balance Sheet Health
Financial Health criteria checks 6/6
TrueLight has a total shareholder equity of NT$1.1B and total debt of NT$299.3M, which brings its debt-to-equity ratio to 27.9%. Its total assets and total liabilities are NT$1.6B and NT$540.6M respectively.
Key information
27.9%
Debt to equity ratio
NT$299.33m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$621.52m |
| Equity | NT$1.07b |
| Total liabilities | NT$540.60m |
| Total assets | NT$1.61b |
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$1.0B) exceed its short term liabilities (NT$354.0M).
Long Term Liabilities: 3234's short term assets (NT$1.0B) exceed its long term liabilities (NT$186.6M).
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 131.7% to 27.9% 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 3 years based on its current free cash flow.
Forecast Cash Runway: 3234 has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 4.1% each year.