Edison Opto Balance Sheet Health
Financial Health criteria checks 6/6
Edison Opto has a total shareholder equity of NT$3.1B and total debt of NT$262.3M, which brings its debt-to-equity ratio to 8.6%. Its total assets and total liabilities are NT$3.9B and NT$865.5M respectively. Edison Opto's EBIT is NT$51.0M making its interest coverage ratio -9.6. It has cash and short-term investments of NT$1.1B.
Key information
8.6%
Debt to equity ratio
NT$262.28m
Debt
Interest coverage ratio | -9.6x |
Cash | NT$1.07b |
Equity | NT$3.05b |
Total liabilities | NT$865.50m |
Total assets | NT$3.92b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3591's short term assets (NT$2.1B) exceed its short term liabilities (NT$700.8M).
Long Term Liabilities: 3591's short term assets (NT$2.1B) exceed its long term liabilities (NT$164.7M).
Debt to Equity History and Analysis
Debt Level: 3591 has more cash than its total debt.
Reducing Debt: 3591's debt to equity ratio has reduced from 13% to 8.6% over the past 5 years.
Debt Coverage: 3591's debt is well covered by operating cash flow (30.3%).
Interest Coverage: 3591 earns more interest than it pays, so coverage of interest payments is not a concern.