Danen Technology Balance Sheet Health
Financial Health criteria checks 6/6
Danen Technology has a total shareholder equity of NT$704.8M and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$711.6M and NT$6.8M respectively.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | n/a |
| Cash | NT$672.75m |
| Equity | NT$704.78m |
| Total liabilities | NT$6.81m |
| Total assets | NT$711.59m |
Financial Position Analysis
Short Term Liabilities: 3686's short term assets (NT$703.6M) exceed its short term liabilities (NT$6.8M).
Long Term Liabilities: 3686 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 3686 is debt free.
Reducing Debt: 3686 has no debt compared to 5 years ago when its debt to equity ratio was 7.5%.
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 3686 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 3686 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 26.2% per year.