Unique Opto-ElectronicsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Unique Opto-ElectronicsLtd has a total shareholder equity of NT$748.0M and total debt of NT$116.5M, which brings its debt-to-equity ratio to 15.6%. Its total assets and total liabilities are NT$955.9M and NT$207.8M respectively. Unique Opto-ElectronicsLtd's EBIT is NT$3.2M making its interest coverage ratio -0.1. It has cash and short-term investments of NT$529.0M.
Key information
15.6%
Debt to equity ratio
NT$116.50m
Debt
| Interest coverage ratio | -0.1x |
| Cash | NT$529.00m |
| Equity | NT$748.05m |
| Total liabilities | NT$207.83m |
| Total assets | NT$955.87m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3441's short term assets (NT$871.6M) exceed its short term liabilities (NT$173.4M).
Long Term Liabilities: 3441's short term assets (NT$871.6M) exceed its long term liabilities (NT$34.4M).
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 increased from 7.2% to 15.6% over the past 5 years.
Debt Coverage: 3441's debt is well covered by operating cash flow (55.3%).
Interest Coverage: 3441 earns more interest than it pays, so coverage of interest payments is not a concern.