Ecocera Optronics Balance Sheet Health
Financial Health criteria checks 6/6
Ecocera Optronics has a total shareholder equity of NT$434.2M and total debt of NT$218.4M, which brings its debt-to-equity ratio to 50.3%. Its total assets and total liabilities are NT$827.9M and NT$393.8M respectively. Ecocera Optronics's EBIT is NT$21.8M making its interest coverage ratio 11. It has cash and short-term investments of NT$221.1M.
Key information
50.3%
Debt to equity ratio
NT$218.37m
Debt
Interest coverage ratio | 11x |
Cash | NT$221.14m |
Equity | NT$434.16m |
Total liabilities | NT$393.77m |
Total assets | NT$827.92m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 6597's short term assets (NT$510.8M) exceed its short term liabilities (NT$351.1M).
Long Term Liabilities: 6597's short term assets (NT$510.8M) exceed its long term liabilities (NT$42.7M).
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 102% to 50.3% over the past 5 years.
Debt Coverage: 6597's debt is well covered by operating cash flow (49.7%).
Interest Coverage: 6597's interest payments on its debt are well covered by EBIT (11x coverage).