Asia Optical Balance Sheet Health
Financial Health criteria checks 6/6
Asia Optical has a total shareholder equity of NT$15.9B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$23.8B and NT$7.9B respectively. Asia Optical's EBIT is NT$1.0B making its interest coverage ratio -2.5. It has cash and short-term investments of NT$11.9B.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | -2.5x |
| Cash | NT$11.86b |
| Equity | NT$15.87b |
| Total liabilities | NT$7.90b |
| Total assets | NT$23.77b |
Recent financial health updates
No updates
Recent updates
There's Reason For Concern Over Asia Optical Co., Inc.'s (TWSE:3019) Massive 42% Price Jump
Aug 26
Asia Optical (TWSE:3019) May Have Issues Allocating Its Capital
Aug 09Earnings Not Telling The Story For Asia Optical Co., Inc. (TWSE:3019) After Shares Rise 32%
Jul 11Asia Optical's (TWSE:3019) Soft Earnings Don't Show The Whole Picture
Mar 19Should Asia Optical Co., Inc. (TPE:3019) Be Part Of Your Dividend Portfolio?
Apr 12Is There More Growth In Store For Asia Optical's (TPE:3019) Returns On Capital?
Mar 07Did You Participate In Any Of Asia Optical's (TPE:3019) Fantastic 178% Return ?
Feb 04
Asia Optical Co., Inc.'s (TPE:3019) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Jan 20Asia Optical Co., Inc. (TPE:3019) Is Yielding 2.6% - But Is It A Buy?
Jan 05Here’s What’s Happening With Returns At Asia Optical (TPE:3019)
Dec 06Financial Position Analysis
Short Term Liabilities: 3019's short term assets (NT$20.0B) exceed its short term liabilities (NT$7.6B).
Long Term Liabilities: 3019's short term assets (NT$20.0B) exceed its long term liabilities (NT$273.1M).
Debt to Equity History and Analysis
Debt Level: 3019 is debt free.
Reducing Debt: 3019 had no debt 5 years ago.
Debt Coverage: 3019 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 3019 has no debt, therefore coverage of interest payments is not a concern.