TacBright Optronics Balance Sheet Health
Financial Health criteria checks 5/6
TacBright Optronics has a total shareholder equity of NT$2.2B and total debt of NT$873.8M, which brings its debt-to-equity ratio to 39.4%. Its total assets and total liabilities are NT$3.4B and NT$1.2B respectively.
Key information
39.4%
Debt to equity ratio
NT$873.77m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$126.93m |
| Equity | NT$2.22b |
| Total liabilities | NT$1.22b |
| Total assets | NT$3.44b |
Recent financial health updates
No updates
Recent updates
TacBright Optronics' (GTSM:6434) Returns On Capital Are Heading Higher
Apr 30
TacBright Optronics (GTSM:6434) Shareholders Have Enjoyed An Impressive 131% Share Price Gain
Mar 17Will The ROCE Trend At TacBright Optronics (GTSM:6434) Continue?
Jan 19
If You Had Bought TacBright Optronics (GTSM:6434) Stock Three Years Ago, You Could Pocket A 51% Gain Today
Dec 14TacBright Optronics Corp.'s (GTSM:6434) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Nov 17Financial Position Analysis
Short Term Liabilities: 6434's short term assets (NT$609.3M) do not cover its short term liabilities (NT$779.3M).
Long Term Liabilities: 6434's short term assets (NT$609.3M) exceed its long term liabilities (NT$444.7M).
Debt to Equity History and Analysis
Debt Level: 6434's net debt to equity ratio (33.7%) is considered satisfactory.
Reducing Debt: 6434's debt to equity ratio has reduced from 102% to 39.4% 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 6434 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 6434 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 23% per year.