Ways Technical Balance Sheet Health
Financial Health criteria checks 3/6
Ways Technical has a total shareholder equity of NT$578.7M and total debt of NT$787.9M, which brings its debt-to-equity ratio to 136.2%. Its total assets and total liabilities are NT$2.7B and NT$2.2B respectively.
Key information
136.2%
Debt to equity ratio
NT$787.87m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$552.97m |
| Equity | NT$578.66m |
| Total liabilities | NT$2.15b |
| Total assets | NT$2.73b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3508's short term assets (NT$866.6M) do not cover its short term liabilities (NT$1.5B).
Long Term Liabilities: 3508's short term assets (NT$866.6M) exceed its long term liabilities (NT$640.6M).
Debt to Equity History and Analysis
Debt Level: 3508's net debt to equity ratio (40.6%) is considered high.
Reducing Debt: 3508's debt to equity ratio has increased from 5.1% to 136.2% 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: 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 2.2 years if free cash flow continues to grow at historical rates of 17.1% each year.