Edison Opto Balance Sheet Health
Financial Health criteria checks 5/6
Edison Opto has a total shareholder equity of NT$3.0B and total debt of NT$336.3M, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are NT$4.1B and NT$1.1B respectively. Edison Opto's EBIT is NT$83.4M making its interest coverage ratio -12.3. It has cash and short-term investments of NT$1.1B.
Key information
11.0%
Debt to equity ratio
NT$336.26m
Debt
| Interest coverage ratio | -12.3x |
| Cash | NT$1.14b |
| Equity | NT$3.04b |
| Total liabilities | NT$1.07b |
| Total assets | NT$4.12b |
Recent financial health updates
Recent updates
Edison Opto Corporation's (TWSE:3591) 27% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio
Aug 06
Earnings Not Telling The Story For Edison Opto Corporation (TWSE:3591) After Shares Rise 27%
Jun 16Edison Opto (TPE:3591) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Mar 04Is Edison Opto (TPE:3591) Using Debt In A Risky Way?
Feb 12
Should Edison Opto (TPE:3591) Be Disappointed With Their 16% Profit?
Dec 21Financial Position Analysis
Short Term Liabilities: 3591's short term assets (NT$2.3B) exceed its short term liabilities (NT$909.0M).
Long Term Liabilities: 3591's short term assets (NT$2.3B) exceed its long term liabilities (NT$163.1M).
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 13.2% to 11% over the past 5 years.
Debt Coverage: 3591's debt is not well covered by operating cash flow (0.6%).
Interest Coverage: 3591 earns more interest than it pays, so coverage of interest payments is not a concern.