Mildex Optical Balance Sheet Health
Financial Health criteria checks 2/6
Mildex Optical has a total shareholder equity of NT$1.4B and total debt of NT$1.6B, which brings its debt-to-equity ratio to 116.4%. Its total assets and total liabilities are NT$3.3B and NT$1.9B respectively.
Key information
116.4%
Debt to equity ratio
NT$1.59b
Debt
Interest coverage ratio | n/a |
Cash | NT$426.38m |
Equity | NT$1.37b |
Total liabilities | NT$1.94b |
Total assets | NT$3.31b |
Financial Position Analysis
Short Term Liabilities: 4729's short term assets (NT$1.6B) exceed its short term liabilities (NT$1.5B).
Long Term Liabilities: 4729's short term assets (NT$1.6B) exceed its long term liabilities (NT$458.1M).
Debt to Equity History and Analysis
Debt Level: 4729's net debt to equity ratio (85.2%) is considered high.
Reducing Debt: 4729's debt to equity ratio has increased from 110.3% to 116.4% over the past 5 years.
Debt Coverage: 4729's debt is not well covered by operating cash flow (13.6%).
Interest Coverage: Insufficient data to determine if 4729's interest payments on its debt are well covered by EBIT.