Newmax Technology Balance Sheet Health
Financial Health criteria checks 2/6
Newmax Technology has a total shareholder equity of NT$2.4B and total debt of NT$1.8B, which brings its debt-to-equity ratio to 74.4%. Its total assets and total liabilities are NT$5.4B and NT$3.0B respectively.
Key information
74.4%
Debt to equity ratio
NT$1.78b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$296.55m |
| Equity | NT$2.40b |
| Total liabilities | NT$2.97b |
| Total assets | NT$5.36b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3630's short term assets (NT$1.3B) exceed its short term liabilities (NT$1.2B).
Long Term Liabilities: 3630's short term assets (NT$1.3B) do not cover its long term liabilities (NT$1.7B).
Debt to Equity History and Analysis
Debt Level: 3630's net debt to equity ratio (62%) is considered high.
Reducing Debt: 3630's debt to equity ratio has increased from 11.4% to 74.4% 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: 3630 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 3630 has less than a year of cash runway if free cash flow continues to grow at historical rates of 11.5% each year.