OptoelectronicsLtd Balance Sheet Health
Financial Health criteria checks 5/6
OptoelectronicsLtd has a total shareholder equity of ¥5.4B and total debt of ¥7.6B, which brings its debt-to-equity ratio to 140.7%. Its total assets and total liabilities are ¥15.1B and ¥9.6B respectively.
Key information
140.7%
Debt to equity ratio
JP¥7.64b
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥6.01b |
| Equity | JP¥5.43b |
| Total liabilities | JP¥9.62b |
| Total assets | JP¥15.05b |
Financial Position Analysis
Short Term Liabilities: 6664's short term assets (¥12.3B) exceed its short term liabilities (¥4.7B).
Long Term Liabilities: 6664's short term assets (¥12.3B) exceed its long term liabilities (¥4.9B).
Debt to Equity History and Analysis
Debt Level: 6664's net debt to equity ratio (30.1%) is considered satisfactory.
Reducing Debt: 6664's debt to equity ratio has increased from 122% to 140.7% 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: 6664 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 6664 has sufficient cash runway for 2.3 years if free cash flow continues to reduce at historical rates of 40.7% each year.