Phoenix Pioneer technology Balance Sheet Health
Financial Health criteria checks 3/6
Phoenix Pioneer technology has a total shareholder equity of NT$1.7B and total debt of NT$1.2B, which brings its debt-to-equity ratio to 74.2%. Its total assets and total liabilities are NT$3.7B and NT$2.1B respectively.
Key information
74.2%
Debt to equity ratio
NT$1.25b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$335.14m |
| Equity | NT$1.68b |
| Total liabilities | NT$2.06b |
| Total assets | NT$3.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6920's short term assets (NT$1.3B) exceed its short term liabilities (NT$847.6M).
Long Term Liabilities: 6920's short term assets (NT$1.3B) exceed its long term liabilities (NT$1.2B).
Debt to Equity History and Analysis
Debt Level: 6920's net debt to equity ratio (54.3%) 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 less than a year of cash runway if free cash flow continues to grow at historical rates of 18.9% each year.