CoAsia Electronics Balance Sheet Health
Financial Health criteria checks 2/6
CoAsia Electronics has a total shareholder equity of NT$2.1B and total debt of NT$4.1B, which brings its debt-to-equity ratio to 191.8%. Its total assets and total liabilities are NT$8.6B and NT$6.4B respectively.
Key information
191.8%
Debt to equity ratio
NT$4.12b
Debt
Interest coverage ratio | n/a |
Cash | NT$971.94m |
Equity | NT$2.15b |
Total liabilities | NT$6.44b |
Total assets | NT$8.59b |
Recent financial health updates
Recent updates
CoAsia Electronics Corp.'s (GTSM:8096) Share Price Not Quite Adding Up
Mar 24Is There More Growth In Store For CoAsia Electronics' (GTSM:8096) Returns On Capital?
Feb 11If You Had Bought CoAsia Electronics (GTSM:8096) Stock A Year Ago, You Could Pocket A 33% Gain Today
Jan 14We're Not So Sure You Should Rely on CoAsia Electronics's (GTSM:8096) Statutory Earnings
Dec 24CoAsia Electronics (GTSM:8096) Seems To Use Debt Quite Sensibly
Dec 03Financial Position Analysis
Short Term Liabilities: 8096's short term assets (NT$8.2B) exceed its short term liabilities (NT$6.4B).
Long Term Liabilities: 8096's short term assets (NT$8.2B) exceed its long term liabilities (NT$27.7M).
Debt to Equity History and Analysis
Debt Level: 8096's net debt to equity ratio (146.6%) is considered high.
Reducing Debt: 8096's debt to equity ratio has increased from 86.3% to 191.8% 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: 8096 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 8096 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 1.5% each year