Jiin Ming Industry Balance Sheet Health
Financial Health criteria checks 4/6
Jiin Ming Industry has a total shareholder equity of NT$608.9M and total debt of NT$615.9M, which brings its debt-to-equity ratio to 101.2%. Its total assets and total liabilities are NT$1.5B and NT$911.1M respectively.
Key information
101.2%
Debt to equity ratio
NT$615.90m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$133.69m |
| Equity | NT$608.89m |
| Total liabilities | NT$911.13m |
| Total assets | NT$1.52b |
Financial Position Analysis
Short Term Liabilities: 3230's short term assets (NT$806.8M) exceed its short term liabilities (NT$545.5M).
Long Term Liabilities: 3230's short term assets (NT$806.8M) exceed its long term liabilities (NT$365.7M).
Debt to Equity History and Analysis
Debt Level: 3230's net debt to equity ratio (79.2%) is considered high.
Reducing Debt: 3230's debt to equity ratio has increased from 11.7% to 101.2% 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: 3230 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 3230 is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.