Innovision FlexTech Corporation

TPEX:6673 Stock Report

Market Cap: NT$218.5m

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 ration/a
CashNT$41.85m
EquityNT$117.89m
Total liabilitiesNT$143.80m
Total assetsNT$261.69m

Recent financial health updates

Recent updates

Innovision FlexTech (GTSM:6673) Is Carrying A Fair Bit Of Debt

Mar 19
Innovision FlexTech (GTSM:6673) Is Carrying A Fair Bit Of Debt

Something To Consider Before Buying Innovision FlexTech Corporation (GTSM:6673) For The 3.4% Dividend

Nov 30
Something To Consider Before Buying Innovision FlexTech Corporation (GTSM:6673) For The 3.4% Dividend

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.


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