East Tender Optoelectronics Balance Sheet Health
Financial Health criteria checks 3/6
East Tender Optoelectronics has a total shareholder equity of NT$640.8M and total debt of NT$191.9M, which brings its debt-to-equity ratio to 29.9%. Its total assets and total liabilities are NT$862.9M and NT$222.0M respectively.
Key information
29.9%
Debt to equity ratio
NT$191.87m
Debt
Interest coverage ratio | n/a |
Cash | NT$162.56m |
Equity | NT$640.84m |
Total liabilities | NT$222.02m |
Total assets | NT$862.85m |
Recent financial health updates
East Tender Optoelectronics (GTSM:6588) Could Easily Take On More Debt
Mar 31We 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 16East 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$250.7M) exceed its short term liabilities (NT$120.8M).
Long Term Liabilities: 6588's short term assets (NT$250.7M) exceed its long term liabilities (NT$101.2M).
Debt to Equity History and Analysis
Debt Level: 6588's net debt to equity ratio (4.6%) is considered satisfactory.
Reducing Debt: 6588's debt to equity ratio has increased from 23.3% to 29.9% 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.