Unique Opto-ElectronicsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Unique Opto-ElectronicsLtd has a total shareholder equity of NT$785.4M and total debt of NT$90.5M, which brings its debt-to-equity ratio to 11.5%. Its total assets and total liabilities are NT$950.8M and NT$165.5M respectively. Unique Opto-ElectronicsLtd's EBIT is NT$17.8M making its interest coverage ratio -0.7. It has cash and short-term investments of NT$628.3M.
Key information
11.5%
Debt to equity ratio
NT$90.50m
Debt
| Interest coverage ratio | -0.7x |
| Cash | NT$628.29m |
| Equity | NT$785.36m |
| Total liabilities | NT$165.46m |
| Total assets | NT$950.82m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3441's short term assets (NT$879.3M) exceed its short term liabilities (NT$147.8M).
Long Term Liabilities: 3441's short term assets (NT$879.3M) exceed its long term liabilities (NT$17.6M).
Debt to Equity History and Analysis
Debt Level: 3441 has more cash than its total debt.
Reducing Debt: 3441's debt to equity ratio has reduced from 13.1% to 11.5% over the past 5 years.
Debt Coverage: 3441's debt is well covered by operating cash flow (64.1%).
Interest Coverage: 3441 earns more interest than it pays, so coverage of interest payments is not a concern.