JET Optoelectronics Balance Sheet Health
Financial Health criteria checks 4/6
JET Optoelectronics has a total shareholder equity of NT$1.3B and total debt of NT$518.1M, which brings its debt-to-equity ratio to 39.4%. Its total assets and total liabilities are NT$2.9B and NT$1.6B respectively. JET Optoelectronics's EBIT is NT$26.4M making its interest coverage ratio -6.9. It has cash and short-term investments of NT$820.5M.
Key information
39.4%
Debt to equity ratio
NT$518.06m
Debt
Interest coverage ratio | -6.9x |
Cash | NT$820.54m |
Equity | NT$1.31b |
Total liabilities | NT$1.60b |
Total assets | NT$2.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2255's short term assets (NT$1.9B) exceed its short term liabilities (NT$1.2B).
Long Term Liabilities: 2255's short term assets (NT$1.9B) exceed its long term liabilities (NT$394.6M).
Debt to Equity History and Analysis
Debt Level: 2255 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2255's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2255's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2255 earns more interest than it pays, so coverage of interest payments is not a concern.