East Tender Optoelectronics Balance Sheet Health
Financial Health criteria checks 4/6
East Tender Optoelectronics has a total shareholder equity of NT$703.8M and total debt of NT$160.3M, which brings its debt-to-equity ratio to 22.8%. Its total assets and total liabilities are NT$891.5M and NT$187.7M respectively.
Key information
22.8%
Debt to equity ratio
NT$160.29m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$158.57m |
| Equity | NT$703.79m |
| Total liabilities | NT$187.69m |
| Total assets | NT$891.48m |
Recent financial health updates
East Tender Optoelectronics (GTSM:6588) Could Easily Take On More Debt
Mar 31
We Think East Tender Optoelectronics (GTSM:6588) Can Manage Its Debt With Ease
Dec 29Recent updates
Calculating The Fair Value Of East Tender Optoelectronics Corporation (GTSM:6588)
Apr 15East Tender Optoelectronics (GTSM:6588) Could Easily Take On More Debt
Mar 31Has East Tender Optoelectronics (GTSM:6588) Got What It Takes To Become A Multi-Bagger?
Mar 11East Tender Optoelectronics Corporation (GTSM:6588) Stock's On A Decline: Are Poor Fundamentals The Cause?
Feb 16
East Tender Optoelectronics' (GTSM:6588) Stock Price Has Reduced 42% In The Past Three Years
Jan 29Is East Tender Optoelectronics Corporation (GTSM:6588) A Smart Choice For Dividend Investors?
Jan 13We Think East Tender Optoelectronics (GTSM:6588) Can Manage Its Debt With Ease
Dec 29We're Watching These Trends At East Tender Optoelectronics (GTSM:6588)
Dec 10Should You Use East Tender Optoelectronics's (GTSM:6588) Statutory Earnings To Analyse It?
Nov 25Financial Position Analysis
Short Term Liabilities: 6588's short term assets (NT$252.2M) exceed its short term liabilities (NT$77.8M).
Long Term Liabilities: 6588's short term assets (NT$252.2M) exceed its long term liabilities (NT$109.9M).
Debt to Equity History and Analysis
Debt Level: 6588's net debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: 6588's debt to equity ratio has reduced from 33.3% to 22.8% over the past 5 years.
Debt Coverage: 6588's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 6588's interest payments on its debt are well covered by EBIT.