Ecocera Optronics Balance Sheet Health
Financial Health criteria checks 6/6
Ecocera Optronics has a total shareholder equity of NT$497.3M and total debt of NT$186.7M, which brings its debt-to-equity ratio to 37.5%. Its total assets and total liabilities are NT$923.6M and NT$426.3M respectively. Ecocera Optronics's EBIT is NT$101.0M making its interest coverage ratio 94.3. It has cash and short-term investments of NT$220.8M.
Key information
37.5%
Debt to equity ratio
NT$186.66m
Debt
| Interest coverage ratio | 94.3x |
| Cash | NT$220.76m |
| Equity | NT$497.26m |
| Total liabilities | NT$426.32m |
| Total assets | NT$923.59m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 6597's short term assets (NT$621.7M) exceed its short term liabilities (NT$401.6M).
Long Term Liabilities: 6597's short term assets (NT$621.7M) exceed its long term liabilities (NT$24.7M).
Debt to Equity History and Analysis
Debt Level: 6597 has more cash than its total debt.
Reducing Debt: 6597's debt to equity ratio has reduced from 95.3% to 37.5% over the past 5 years.
Debt Coverage: 6597's debt is well covered by operating cash flow (68.3%).
Interest Coverage: 6597's interest payments on its debt are well covered by EBIT (94.3x coverage).