Ability Opto-Electronics TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Ability Opto-Electronics TechnologyLtd has a total shareholder equity of NT$3.3B and total debt of NT$2.9B, which brings its debt-to-equity ratio to 86.4%. Its total assets and total liabilities are NT$7.4B and NT$4.1B respectively. Ability Opto-Electronics TechnologyLtd's EBIT is NT$480.3M making its interest coverage ratio 27.6. It has cash and short-term investments of NT$711.2M.
Key information
86.4%
Debt to equity ratio
NT$2.87b
Debt
| Interest coverage ratio | 27.6x |
| Cash | NT$711.17m |
| Equity | NT$3.32b |
| Total liabilities | NT$4.10b |
| Total assets | NT$7.42b |
Recent financial health updates
Recent updates
Will the Promising Trends At Ability Opto-Electronics TechnologyLtd (GTSM:3362) Continue?
Mar 15
Does Ability Opto-Electronics TechnologyLtd (GTSM:3362) Have A Healthy Balance Sheet?
Feb 08
If You Had Bought Ability Opto-Electronics TechnologyLtd (GTSM:3362) Stock Five Years Ago, You Could Pocket A 211% Gain Today
Jan 04What Can The Trends At Ability Opto-Electronics TechnologyLtd (GTSM:3362) Tell Us About Their Returns?
Nov 30Financial Position Analysis
Short Term Liabilities: 3362's short term assets (NT$3.5B) exceed its short term liabilities (NT$2.7B).
Long Term Liabilities: 3362's short term assets (NT$3.5B) exceed its long term liabilities (NT$1.4B).
Debt to Equity History and Analysis
Debt Level: 3362's net debt to equity ratio (65%) is considered high.
Reducing Debt: 3362's debt to equity ratio has increased from 9.8% to 86.4% over the past 5 years.
Debt Coverage: 3362's debt is well covered by operating cash flow (26.8%).
Interest Coverage: 3362's interest payments on its debt are well covered by EBIT (27.6x coverage).