Ability Opto-Electronics TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Ability Opto-Electronics TechnologyLtd has a total shareholder equity of NT$3.9B and total debt of NT$4.3B, which brings its debt-to-equity ratio to 111.5%. Its total assets and total liabilities are NT$9.2B and NT$5.3B respectively. Ability Opto-Electronics TechnologyLtd's EBIT is NT$512.4M making its interest coverage ratio 13.7. It has cash and short-term investments of NT$1.2B.
Key information
111.5%
Debt to equity ratio
NT$4.30b
Debt
| Interest coverage ratio | 13.7x |
| Cash | NT$1.21b |
| Equity | NT$3.86b |
| Total liabilities | NT$5.29b |
| Total assets | NT$9.15b |
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$4.3B) exceed its short term liabilities (NT$2.7B).
Long Term Liabilities: 3362's short term assets (NT$4.3B) exceed its long term liabilities (NT$2.5B).
Debt to Equity History and Analysis
Debt Level: 3362's net debt to equity ratio (80%) is considered high.
Reducing Debt: 3362's debt to equity ratio has increased from 15% to 111.5% over the past 5 years.
Debt Coverage: 3362's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: 3362's interest payments on its debt are well covered by EBIT (13.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 09:32 |
| End of Day Share Price | 2024/12/26 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| 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
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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
Ability Opto-Electronics Technology Co.,Ltd. is covered by 0 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 |
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