Ching Chan Optical Technology Balance Sheet Health
Financial Health criteria checks 6/6
Ching Chan Optical Technology has a total shareholder equity of NT$908.2M and total debt of NT$139.1M, which brings its debt-to-equity ratio to 15.3%. Its total assets and total liabilities are NT$1.3B and NT$433.9M respectively. Ching Chan Optical Technology's EBIT is NT$152.2M making its interest coverage ratio 122. It has cash and short-term investments of NT$270.1M.
Key information
15.3%
Debt to equity ratio
NT$139.13m
Debt
| Interest coverage ratio | 122x |
| Cash | NT$270.13m |
| Equity | NT$908.20m |
| Total liabilities | NT$433.86m |
| Total assets | NT$1.34b |
Financial Position Analysis
Short Term Liabilities: 2070's short term assets (NT$682.0M) exceed its short term liabilities (NT$335.0M).
Long Term Liabilities: 2070's short term assets (NT$682.0M) exceed its long term liabilities (NT$98.9M).
Debt to Equity History and Analysis
Debt Level: 2070 has more cash than its total debt.
Reducing Debt: 2070's debt to equity ratio has reduced from 36.6% to 15.3% over the past 5 years.
Debt Coverage: 2070's debt is well covered by operating cash flow (104.3%).
Interest Coverage: 2070's interest payments on its debt are well covered by EBIT (122x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 12:29 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ching Chan Optical Technology Co., Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Iris Lin | SinoPac Securities Investment Service |