Acon Optics Communications Balance Sheet Health
Financial Health criteria checks 5/6
Acon Optics Communications has a total shareholder equity of NT$308.0M and total debt of NT$103.4M, which brings its debt-to-equity ratio to 33.6%. Its total assets and total liabilities are NT$615.7M and NT$307.7M respectively. Acon Optics Communications's EBIT is NT$9.8M making its interest coverage ratio 25.8. It has cash and short-term investments of NT$171.7M.
Key information
33.6%
Debt to equity ratio
NT$103.42m
Debt
Interest coverage ratio | 25.8x |
Cash | NT$171.71m |
Equity | NT$307.98m |
Total liabilities | NT$307.74m |
Total assets | NT$615.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6820's short term assets (NT$396.7M) exceed its short term liabilities (NT$273.5M).
Long Term Liabilities: 6820's short term assets (NT$396.7M) exceed its long term liabilities (NT$34.3M).
Debt to Equity History and Analysis
Debt Level: 6820 has more cash than its total debt.
Reducing Debt: 6820's debt to equity ratio has increased from 0% to 33.6% over the past 5 years.
Debt Coverage: 6820's debt is well covered by operating cash flow (76.9%).
Interest Coverage: 6820's interest payments on its debt are well covered by EBIT (25.8x coverage).