Phoenix Pioneer technology Balance Sheet Health
Financial Health criteria checks 3/6
Phoenix Pioneer technology has a total shareholder equity of NT$1.9B and total debt of NT$1.3B, which brings its debt-to-equity ratio to 67.9%. Its total assets and total liabilities are NT$3.9B and NT$2.0B respectively.
Key information
67.9%
Debt to equity ratio
NT$1.27b
Debt
Interest coverage ratio | n/a |
Cash | NT$448.60m |
Equity | NT$1.88b |
Total liabilities | NT$2.01b |
Total assets | NT$3.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6920's short term assets (NT$1.2B) exceed its short term liabilities (NT$726.4M).
Long Term Liabilities: 6920's short term assets (NT$1.2B) do not cover its long term liabilities (NT$1.3B).
Debt to Equity History and Analysis
Debt Level: 6920's net debt to equity ratio (44%) is considered high.
Reducing Debt: Insufficient data to determine if 6920's debt to equity ratio has reduced 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: 6920 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 6920 has sufficient cash runway for 1.4 years if free cash flow continues to grow at historical rates of 62.6% each year.