Abonmax Balance Sheet Health
Financial Health criteria checks 6/6
Abonmax has a total shareholder equity of NT$235.5M and total debt of NT$95.9M, which brings its debt-to-equity ratio to 40.7%. Its total assets and total liabilities are NT$397.1M and NT$161.6M respectively.
Key information
40.7%
Debt to equity ratio
NT$95.89m
Debt
Interest coverage ratio | n/a |
Cash | NT$48.35m |
Equity | NT$235.47m |
Total liabilities | NT$161.64m |
Total assets | NT$397.12m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2429's short term assets (NT$184.6M) exceed its short term liabilities (NT$91.2M).
Long Term Liabilities: 2429's short term assets (NT$184.6M) exceed its long term liabilities (NT$70.4M).
Debt to Equity History and Analysis
Debt Level: 2429's net debt to equity ratio (20.2%) is considered satisfactory.
Reducing Debt: 2429's debt to equity ratio has reduced from 135.8% to 40.7% 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: 2429 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 2429 is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.