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$1.0B, which brings its debt-to-equity ratio to 46.2%. Its total assets and total liabilities are NT$3.6B and NT$1.4B respectively.
Key information
46.2%
Debt to equity ratio
NT$1.04b
Debt
Interest coverage ratio | n/a |
Cash | NT$155.93m |
Equity | NT$2.24b |
Total liabilities | NT$1.40b |
Total assets | NT$3.64b |
Recent financial health updates
No updates
Recent updates
TacBright Optronics' (GTSM:6434) Returns On Capital Are Heading Higher
Apr 30TacBright Optronics (GTSM:6434) Shareholders Have Enjoyed An Impressive 131% Share Price Gain
Mar 17Will The ROCE Trend At TacBright Optronics (GTSM:6434) Continue?
Jan 19If 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$634.9M) do not cover its short term liabilities (NT$788.3M).
Long Term Liabilities: 6434's short term assets (NT$634.9M) exceed its long term liabilities (NT$609.9M).
Debt to Equity History and Analysis
Debt Level: 6434's net debt to equity ratio (39.3%) is considered satisfactory.
Reducing Debt: 6434's debt to equity ratio has reduced from 106.8% to 46.2% 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 34.3% per year.