Ways Technical Balance Sheet Health
Financial Health criteria checks 4/6
Ways Technical has a total shareholder equity of NT$793.5M and total debt of NT$767.9M, which brings its debt-to-equity ratio to 96.8%. Its total assets and total liabilities are NT$2.9B and NT$2.1B respectively.
Key information
96.8%
Debt to equity ratio
NT$767.91m
Debt
Interest coverage ratio | n/a |
Cash | NT$629.00m |
Equity | NT$793.51m |
Total liabilities | NT$2.13b |
Total assets | NT$2.93b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3508's short term assets (NT$1.0B) do not cover its short term liabilities (NT$1.6B).
Long Term Liabilities: 3508's short term assets (NT$1.0B) exceed its long term liabilities (NT$552.4M).
Debt to Equity History and Analysis
Debt Level: 3508's net debt to equity ratio (17.5%) is considered satisfactory.
Reducing Debt: 3508's debt to equity ratio has increased from 5.4% to 96.8% 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: 3508 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 3508 has sufficient cash runway for 2.6 years if free cash flow continues to reduce at historical rates of 2.9% each year.