AboCom Systems Balance Sheet Health
Financial Health criteria checks 5/6
AboCom Systems has a total shareholder equity of NT$980.5M and total debt of NT$684.9M, which brings its debt-to-equity ratio to 69.9%. Its total assets and total liabilities are NT$2.1B and NT$1.1B respectively. AboCom Systems's EBIT is NT$1.7M making its interest coverage ratio 0.1. It has cash and short-term investments of NT$488.6M.
Key information
69.9%
Debt to equity ratio
NT$684.88m
Debt
| Interest coverage ratio | 0.1x |
| Cash | NT$488.61m |
| Equity | NT$980.48m |
| Total liabilities | NT$1.08b |
| Total assets | NT$2.06b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2444's short term assets (NT$1.3B) exceed its short term liabilities (NT$417.1M).
Long Term Liabilities: 2444's short term assets (NT$1.3B) exceed its long term liabilities (NT$662.1M).
Debt to Equity History and Analysis
Debt Level: 2444's net debt to equity ratio (20%) is considered satisfactory.
Reducing Debt: 2444's debt to equity ratio has increased from 2.5% to 69.9% 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 2444 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 2444 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 30% per year.