Kingray Technology Balance Sheet Health
Financial Health criteria checks 4/6
Kingray Technology has a total shareholder equity of NT$427.4M and total debt of NT$24.0M, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are NT$529.2M and NT$101.8M respectively.
Key information
5.6%
Debt to equity ratio
NT$24.02m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$96.86m |
| Equity | NT$427.43m |
| Total liabilities | NT$101.75m |
| Total assets | NT$529.18m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6787's short term assets (NT$183.8M) exceed its short term liabilities (NT$91.2M).
Long Term Liabilities: 6787's short term assets (NT$183.8M) exceed its long term liabilities (NT$10.5M).
Debt to Equity History and Analysis
Debt Level: 6787 has more cash than its total debt.
Reducing Debt: 6787's debt to equity ratio has reduced from 17.2% to 5.6% 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: 6787 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 6787 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 3.6% each year