Acon Optics Communications Balance Sheet Health
Financial Health criteria checks 6/6
Acon Optics Communications has a total shareholder equity of NT$315.0M and total debt of NT$115.7M, which brings its debt-to-equity ratio to 36.7%. Its total assets and total liabilities are NT$661.6M and NT$346.6M respectively. Acon Optics Communications's EBIT is NT$3.0M making its interest coverage ratio 108. It has cash and short-term investments of NT$157.7M.
Key information
36.7%
Debt to equity ratio
NT$115.72m
Debt
| Interest coverage ratio | 108x |
| Cash | NT$157.65m |
| Equity | NT$314.97m |
| Total liabilities | NT$346.63m |
| Total assets | NT$661.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6820's short term assets (NT$459.9M) exceed its short term liabilities (NT$330.2M).
Long Term Liabilities: 6820's short term assets (NT$459.9M) exceed its long term liabilities (NT$16.4M).
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 reduced from 38.2% to 36.7% over the past 5 years.
Debt Coverage: 6820's debt is well covered by operating cash flow (53.4%).
Interest Coverage: 6820's interest payments on its debt are well covered by EBIT (108x coverage).