Innovision FlexTech Balance Sheet Health
Financial Health criteria checks 4/6
Innovision FlexTech has a total shareholder equity of NT$117.9M and total debt of NT$89.4M, which brings its debt-to-equity ratio to 75.9%. Its total assets and total liabilities are NT$261.7M and NT$143.8M respectively.
Key information
75.9%
Debt to equity ratio
NT$89.43m
Debt
Interest coverage ratio | n/a |
Cash | NT$41.85m |
Equity | NT$117.89m |
Total liabilities | NT$143.80m |
Total assets | NT$261.69m |
Financial Position Analysis
Short Term Liabilities: 6673's short term assets (NT$113.3M) exceed its short term liabilities (NT$85.7M).
Long Term Liabilities: 6673's short term assets (NT$113.3M) exceed its long term liabilities (NT$58.1M).
Debt to Equity History and Analysis
Debt Level: 6673's net debt to equity ratio (40.4%) is considered high.
Reducing Debt: 6673's debt to equity ratio has increased from 52.2% to 75.9% 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 6673 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 6673 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 30.9% per year.