Lite-On Technology Balance Sheet Health
Financial Health criteria checks 6/6
Lite-On Technology has a total shareholder equity of NT$85.1B and total debt of NT$25.5B, which brings its debt-to-equity ratio to 30%. Its total assets and total liabilities are NT$189.0B and NT$103.9B respectively. Lite-On Technology's EBIT is NT$14.5B making its interest coverage ratio -10.7. It has cash and short-term investments of NT$92.7B.
Key information
30.0%
Debt to equity ratio
NT$25.49b
Debt
Interest coverage ratio | -10.7x |
Cash | NT$92.74b |
Equity | NT$85.07b |
Total liabilities | NT$103.90b |
Total assets | NT$188.97b |
Recent financial health updates
Lite-On Technology (TPE:2301) Seems To Use Debt Rather Sparingly
Mar 03Lite-On Technology (TPE:2301) Could Easily Take On More Debt
Nov 23Recent updates
Lite-On Technology (TWSE:2301) Is Looking To Continue Growing Its Returns On Capital
Apr 22Here's Why We Think Lite-On Technology (TWSE:2301) Might Deserve Your Attention Today
Feb 27Key Things To Consider Before Buying Lite-On Technology Corporation (TPE:2301) For Its Dividend
Apr 11Lite-On Technology (TPE:2301) Is Experiencing Growth In Returns On Capital
Mar 29Estimating The Fair Value Of Lite-On Technology Corporation (TPE:2301)
Mar 16Lite-On Technology (TPE:2301) Seems To Use Debt Rather Sparingly
Mar 03Here's Why I Think Lite-On Technology (TPE:2301) Is An Interesting Stock
Feb 18We Think Lite-On Technology's (TPE:2301) Statutory Profit Might Understate Its Earnings Potential
Feb 06Shareholders Of Lite-On Technology (TPE:2301) Must Be Happy With Their 110% Total Return
Jan 25Investors Don't See Light At End Of Lite-On Technology Corporation's (TPE:2301) Tunnel
Jan 15Lite-On Technology Corporation's (TPE:2301) Stock Is Going Strong: Is the Market Following Fundamentals?
Jan 04Could Lite-On Technology Corporation (TPE:2301) Have The Makings Of Another Dividend Aristocrat?
Dec 14Calculating The Fair Value Of Lite-On Technology Corporation (TPE:2301)
Dec 04Lite-On Technology (TPE:2301) Could Easily Take On More Debt
Nov 23Financial Position Analysis
Short Term Liabilities: 2301's short term assets (NT$155.6B) exceed its short term liabilities (NT$98.0B).
Long Term Liabilities: 2301's short term assets (NT$155.6B) exceed its long term liabilities (NT$5.9B).
Debt to Equity History and Analysis
Debt Level: 2301 has more cash than its total debt.
Reducing Debt: 2301's debt to equity ratio has reduced from 40.3% to 30% over the past 5 years.
Debt Coverage: 2301's debt is well covered by operating cash flow (107%).
Interest Coverage: 2301 earns more interest than it pays, so coverage of interest payments is not a concern.