Tecstar Technology Balance Sheet Health
Financial Health criteria checks 4/6
Tecstar Technology has a total shareholder equity of NT$127.0M and total debt of NT$391.4M, which brings its debt-to-equity ratio to 308.1%. Its total assets and total liabilities are NT$682.8M and NT$555.7M respectively.
Key information
308.1%
Debt to equity ratio
NT$391.43m
Debt
Interest coverage ratio | n/a |
Cash | NT$67.91m |
Equity | NT$127.05m |
Total liabilities | NT$555.73m |
Total assets | NT$682.78m |
Financial Position Analysis
Short Term Liabilities: 3117's short term assets (NT$369.1M) exceed its short term liabilities (NT$339.9M).
Long Term Liabilities: 3117's short term assets (NT$369.1M) exceed its long term liabilities (NT$215.8M).
Debt to Equity History and Analysis
Debt Level: 3117's net debt to equity ratio (254.6%) is considered high.
Reducing Debt: 3117's debt to equity ratio has increased from 98.2% to 308.1% 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 3117 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 3117 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 43.8% per year.