Cheer Time Enterprise Balance Sheet Health
Financial Health criteria checks 5/6
Cheer Time Enterprise has a total shareholder equity of NT$618.3M and total debt of NT$187.7M, which brings its debt-to-equity ratio to 30.4%. Its total assets and total liabilities are NT$920.0M and NT$301.7M respectively.
Key information
30.4%
Debt to equity ratio
NT$187.73m
Debt
Interest coverage ratio | n/a |
Cash | NT$157.15m |
Equity | NT$618.30m |
Total liabilities | NT$301.69m |
Total assets | NT$919.98m |
Financial Position Analysis
Short Term Liabilities: 3229's short term assets (NT$602.2M) exceed its short term liabilities (NT$275.9M).
Long Term Liabilities: 3229's short term assets (NT$602.2M) exceed its long term liabilities (NT$25.7M).
Debt to Equity History and Analysis
Debt Level: 3229's net debt to equity ratio (4.9%) is considered satisfactory.
Reducing Debt: 3229's debt to equity ratio has increased from 26.1% to 30.4% 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: 3229 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 3229 has sufficient cash runway for 2.3 years if free cash flow continues to grow at historical rates of 36.7% each year.