Innovision FlexTech Balance Sheet Health
Financial Health criteria checks 5/6
Innovision FlexTech has a total shareholder equity of NT$116.8M and total debt of NT$77.0M, which brings its debt-to-equity ratio to 65.9%. Its total assets and total liabilities are NT$256.1M and NT$139.3M respectively.
Key information
65.9%
Debt to equity ratio
NT$77.01m
Debt
Interest coverage ratio | n/a |
Cash | NT$49.47m |
Equity | NT$116.83m |
Total liabilities | NT$139.32m |
Total assets | NT$256.15m |
Financial Position Analysis
Short Term Liabilities: 6673's short term assets (NT$118.6M) exceed its short term liabilities (NT$87.5M).
Long Term Liabilities: 6673's short term assets (NT$118.6M) exceed its long term liabilities (NT$51.8M).
Debt to Equity History and Analysis
Debt Level: 6673's net debt to equity ratio (23.6%) is considered satisfactory.
Reducing Debt: 6673's debt to equity ratio has increased from 22.4% to 65.9% 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 24.7% per year.