Taiwan Thick-Film Ind Balance Sheet Health
Financial Health criteria checks 5/6
Taiwan Thick-Film Ind has a total shareholder equity of NT$416.8M and total debt of NT$313.4M, which brings its debt-to-equity ratio to 75.2%. Its total assets and total liabilities are NT$1.2B and NT$832.8M respectively.
Key information
75.2%
Debt to equity ratio
NT$313.39m
Debt
Interest coverage ratio | n/a |
Cash | NT$396.53m |
Equity | NT$416.78m |
Total liabilities | NT$832.82m |
Total assets | NT$1.25b |
Financial Position Analysis
Short Term Liabilities: 6246's short term assets (NT$1.1B) exceed its short term liabilities (NT$817.1M).
Long Term Liabilities: 6246's short term assets (NT$1.1B) exceed its long term liabilities (NT$15.7M).
Debt to Equity History and Analysis
Debt Level: 6246 has more cash than its total debt.
Reducing Debt: 6246's debt to equity ratio has increased from 71% to 75.2% 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: Whilst unprofitable 6246 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 6246 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 33.4% per year.