Shih Wei Navigation Balance Sheet Health
Financial Health criteria checks 3/6
Shih Wei Navigation has a total shareholder equity of NT$9.7B and total debt of NT$10.1B, which brings its debt-to-equity ratio to 103.8%. Its total assets and total liabilities are NT$21.1B and NT$11.4B respectively.
Key information
103.8%
Debt to equity ratio
NT$10.07b
Debt
Interest coverage ratio | n/a |
Cash | NT$3.41b |
Equity | NT$9.70b |
Total liabilities | NT$11.44b |
Total assets | NT$21.15b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 5608's short term assets (NT$4.1B) do not cover its short term liabilities (NT$5.2B).
Long Term Liabilities: 5608's short term assets (NT$4.1B) do not cover its long term liabilities (NT$6.3B).
Debt to Equity History and Analysis
Debt Level: 5608's net debt to equity ratio (68.6%) is considered high.
Reducing Debt: 5608's debt to equity ratio has reduced from 358.9% to 103.8% 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: Whilst unprofitable 5608 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 5608 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 25% per year.