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Tunghsu Optoelectronic Technology Balance Sheet Health
Financial Health criteria checks 3/6
Tunghsu Optoelectronic Technology has a total shareholder equity of CN¥21.6B and total debt of CN¥17.5B, which brings its debt-to-equity ratio to 81%. Its total assets and total liabilities are CN¥56.6B and CN¥35.0B respectively.
Key information
81.0%
Debt to equity ratio
CN¥17.53b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥8.48b |
| Equity | CN¥21.65b |
| Total liabilities | CN¥35.00b |
| Total assets | CN¥56.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000413's short term assets (CN¥30.5B) do not cover its short term liabilities (CN¥33.7B).
Long Term Liabilities: 000413's short term assets (CN¥30.5B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 000413's net debt to equity ratio (41.8%) is considered high.
Reducing Debt: 000413's debt to equity ratio has increased from 61.4% to 81% 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 000413 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 000413 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 43.8% per year.