Cosmo Electronics Balance Sheet Health
Financial Health criteria checks 3/6
Cosmo Electronics has a total shareholder equity of NT$1.8B and total debt of NT$2.1B, which brings its debt-to-equity ratio to 114.4%. Its total assets and total liabilities are NT$4.5B and NT$2.7B respectively.
Key information
114.4%
Debt to equity ratio
NT$2.11b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$376.26m |
| Equity | NT$1.84b |
| Total liabilities | NT$2.68b |
| Total assets | NT$4.52b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2466's short term assets (NT$1.5B) do not cover its short term liabilities (NT$2.2B).
Long Term Liabilities: 2466's short term assets (NT$1.5B) exceed its long term liabilities (NT$495.6M).
Debt to Equity History and Analysis
Debt Level: 2466's net debt to equity ratio (94%) is considered high.
Reducing Debt: 2466's debt to equity ratio has increased from 102.4% to 114.4% 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: Whilst unprofitable 2466 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 2466 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 14% per year.