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$3.7B, which brings its debt-to-equity ratio to 94.7%. 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$1.5B.
Key information
94.7%
Debt to equity ratio
NT$3.65b
Debt
| Interest coverage ratio | 13.7x |
| Cash | NT$1.52b |
| 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 (55.3%) is considered high.
Reducing Debt: 3362's debt to equity ratio has increased from 15% to 94.7% over the past 5 years.
Debt Coverage: 3362's debt is not well covered by operating cash flow (15.9%).
Interest Coverage: 3362's interest payments on its debt are well covered by EBIT (13.7x coverage).