ShineMore Technology Materials Balance Sheet Health
Financial Health criteria checks 4/6
ShineMore Technology Materials has a total shareholder equity of NT$139.1M and total debt of NT$126.3M, which brings its debt-to-equity ratio to 90.7%. Its total assets and total liabilities are NT$283.2M and NT$144.0M respectively.
Key information
90.7%
Debt to equity ratio
NT$126.25m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$61.72m |
| Equity | NT$139.15m |
| Total liabilities | NT$144.04m |
| Total assets | NT$283.19m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8291's short term assets (NT$68.5M) do not cover its short term liabilities (NT$110.6M).
Long Term Liabilities: 8291's short term assets (NT$68.5M) exceed its long term liabilities (NT$33.4M).
Debt to Equity History and Analysis
Debt Level: 8291's net debt to equity ratio (46.4%) is considered high.
Reducing Debt: 8291's debt to equity ratio has reduced from 98.9% to 90.7% 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: 8291 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 8291 has sufficient cash runway for 2.2 years if free cash flow continues to reduce at historical rates of 18% each year.