Radiant Opto-Electronics Balance Sheet Health
Financial Health criteria checks 6/6
Radiant Opto-Electronics has a total shareholder equity of NT$34.3B and total debt of NT$6.6B, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are NT$60.9B and NT$26.6B respectively. Radiant Opto-Electronics's EBIT is NT$5.7B making its interest coverage ratio -3.5. It has cash and short-term investments of NT$36.0B.
Key information
19.1%
Debt to equity ratio
NT$6.57b
Debt
| Interest coverage ratio | -3.5x |
| Cash | NT$36.04b |
| Equity | NT$34.34b |
| Total liabilities | NT$26.61b |
| Total assets | NT$60.95b |
Recent financial health updates
Radiant Opto-Electronics (TPE:6176) Seems To Use Debt Rather Sparingly
Apr 22
Radiant Opto-Electronics (TPE:6176) Seems To Use Debt Rather Sparingly
Jan 13Recent updates
Here's What's Concerning About Radiant Opto-Electronics' (TWSE:6176) Returns On Capital
Mar 30Radiant Opto-Electronics Corporation's (TWSE:6176) Shares Bounce 27% But Its Business Still Trails The Market
Mar 12Radiant Opto-Electronics Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Mar 04Radiant Opto-Electronics (TPE:6176) Seems To Use Debt Rather Sparingly
Apr 22Radiant Opto-Electronics Corporation's (TPE:6176) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?
Mar 17Radiant Opto-Electronics Corporation (TPE:6176) Shares Could Be 27% Above Their Intrinsic Value Estimate
Feb 26Will Radiant Opto-Electronics (TPE:6176) Repeat Its Return Growth Of The Past?
Jan 28
Radiant Opto-Electronics (TPE:6176) Seems To Use Debt Rather Sparingly
Jan 13Shareholders Of Radiant Opto-Electronics (TPE:6176) Must Be Happy With Their 105% Total Return
Dec 29Key Things To Consider Before Buying Radiant Opto-Electronics Corporation (TPE:6176) For Its Dividend
Dec 14Radiant Opto-Electronics Corporation's (TPE:6176) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?
Nov 29Financial Position Analysis
Short Term Liabilities: 6176's short term assets (NT$56.4B) exceed its short term liabilities (NT$22.4B).
Long Term Liabilities: 6176's short term assets (NT$56.4B) exceed its long term liabilities (NT$4.2B).
Debt to Equity History and Analysis
Debt Level: 6176 has more cash than its total debt.
Reducing Debt: 6176's debt to equity ratio has reduced from 47.4% to 19.1% over the past 5 years.
Debt Coverage: 6176's debt is well covered by operating cash flow (88.2%).
Interest Coverage: 6176 earns more interest than it pays, so coverage of interest payments is not a concern.