Kingray Technology Balance Sheet Health
Financial Health criteria checks 5/6
Kingray Technology has a total shareholder equity of NT$500.5M and total debt of NT$26.6M, which brings its debt-to-equity ratio to 5.3%. Its total assets and total liabilities are NT$588.0M and NT$87.5M respectively.
Key information
5.3%
Debt to equity ratio
NT$26.63m
Debt
Interest coverage ratio | n/a |
Cash | NT$133.19m |
Equity | NT$500.49m |
Total liabilities | NT$87.47m |
Total assets | NT$587.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6787's short term assets (NT$221.1M) exceed its short term liabilities (NT$81.1M).
Long Term Liabilities: 6787's short term assets (NT$221.1M) exceed its long term liabilities (NT$6.4M).
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 9.9% to 5.3% 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 sufficient cash runway for more than a year 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 13.8% each year