Bright LED Electronics Balance Sheet Health
Financial Health criteria checks 6/6
Bright LED Electronics has a total shareholder equity of NT$3.1B and total debt of NT$60.0M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are NT$3.6B and NT$494.9M respectively. Bright LED Electronics's EBIT is NT$104.8M making its interest coverage ratio -1.7. It has cash and short-term investments of NT$865.7M.
Key information
1.9%
Debt to equity ratio
NT$60.00m
Debt
| Interest coverage ratio | -1.7x |
| Cash | NT$865.67m |
| Equity | NT$3.09b |
| Total liabilities | NT$494.91m |
| Total assets | NT$3.58b |
Recent financial health updates
Is Bright LED Electronics (TWSE:3031) A Risky Investment?
Aug 09
Is Bright LED Electronics (TPE:3031) A Risky Investment?
Mar 23Bright LED Electronics (TPE:3031) Has A Rock Solid Balance Sheet
Dec 15
Recent updates
Bright LED Electronics' (TWSE:3031) Returns Have Hit A Wall
Oct 16Is Bright LED Electronics (TWSE:3031) A Risky Investment?
Aug 09Bright LED Electronics (TWSE:3031) Is Paying Out Less In Dividends Than Last Year
Jul 05Should You Buy Bright LED Electronics Corp. (TPE:3031) For Its Dividend?
Apr 22A Look At The Intrinsic Value Of Bright LED Electronics Corp. (TPE:3031)
Apr 07Is Bright LED Electronics (TPE:3031) A Risky Investment?
Mar 23Bright LED Electronics Corp. (TPE:3031) On An Uptrend: Could Fundamentals Be Driving The Stock?
Mar 05What Can The Trends At Bright LED Electronics (TPE:3031) Tell Us About Their Returns?
Feb 14Did You Participate In Any Of Bright LED Electronics' (TPE:3031) Fantastic 116% Return ?
Jan 27Is Bright LED Electronics Corp. (TPE:3031) The Right Choice For A Smart Dividend Investor?
Jan 09Bright LED Electronics (TPE:3031) Has A Rock Solid Balance Sheet
Dec 15Bright LED Electronics Corp.'s (TPE:3031) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Nov 27Financial Position Analysis
Short Term Liabilities: 3031's short term assets (NT$1.9B) exceed its short term liabilities (NT$416.2M).
Long Term Liabilities: 3031's short term assets (NT$1.9B) exceed its long term liabilities (NT$78.7M).
Debt to Equity History and Analysis
Debt Level: 3031 has more cash than its total debt.
Reducing Debt: 3031's debt to equity ratio has reduced from 2.2% to 1.9% over the past 5 years.
Debt Coverage: 3031's debt is well covered by operating cash flow (290.4%).
Interest Coverage: 3031 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 21:43 |
| End of Day Share Price | 2025/01/08 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Bright LED Electronics Corp. is covered by 6 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 |
|---|---|
| Xi Hao Bau | Capital Securities Corporation |
| Junye Lin | Grand Cathay Securities Corporation |
| iling chen | IBTS Investment Consulting Co., Ltd. |