HiTi Digital Balance Sheet Health
Financial Health criteria checks 2/6
HiTi Digital has a total shareholder equity of NT$491.1M and total debt of NT$1.0B, which brings its debt-to-equity ratio to 206.8%. Its total assets and total liabilities are NT$1.8B and NT$1.3B respectively.
Key information
206.8%
Debt to equity ratio
NT$1.02b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$9.52m |
| Equity | NT$491.12m |
| Total liabilities | NT$1.34b |
| Total assets | NT$1.84b |
Financial Position Analysis
Short Term Liabilities: 3494's short term assets (NT$356.7M) do not cover its short term liabilities (NT$1.0B).
Long Term Liabilities: 3494's short term assets (NT$356.7M) exceed its long term liabilities (NT$311.4M).
Debt to Equity History and Analysis
Debt Level: 3494's net debt to equity ratio (204.9%) is considered high.
Reducing Debt: 3494's debt to equity ratio has increased from 67% to 206.8% 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: 3494 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 3494 has less than a year of cash runway if free cash flow continues to grow at historical rates of 13% each year.