Microelectronics Technology Balance Sheet Health
Financial Health criteria checks 4/6
Microelectronics Technology has a total shareholder equity of NT$1.9B and total debt of NT$2.3B, which brings its debt-to-equity ratio to 120.4%. Its total assets and total liabilities are NT$5.5B and NT$3.6B respectively.
Key information
120.4%
Debt to equity ratio
NT$2.27b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$1.02b |
| Equity | NT$1.88b |
| Total liabilities | NT$3.60b |
| Total assets | NT$5.48b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2314's short term assets (NT$3.5B) exceed its short term liabilities (NT$2.8B).
Long Term Liabilities: 2314's short term assets (NT$3.5B) exceed its long term liabilities (NT$786.7M).
Debt to Equity History and Analysis
Debt Level: 2314's net debt to equity ratio (66%) is considered high.
Reducing Debt: 2314's debt to equity ratio has increased from 20.3% to 120.4% 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: 2314 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 2314 has sufficient cash runway for 2 years if free cash flow continues to reduce at historical rates of 29% each year.