Optimax Technology Balance Sheet Health
Financial Health criteria checks 5/6
Optimax Technology has a total shareholder equity of NT$2.4B and total debt of NT$1.3B, which brings its debt-to-equity ratio to 53.5%. Its total assets and total liabilities are NT$4.1B and NT$1.7B respectively. Optimax Technology's EBIT is NT$204.1M making its interest coverage ratio 5.3. It has cash and short-term investments of NT$176.8M.
Key information
53.5%
Debt to equity ratio
NT$1.31b
Debt
| Interest coverage ratio | 5.3x |
| Cash | NT$176.78m |
| Equity | NT$2.45b |
| Total liabilities | NT$1.70b |
| Total assets | NT$4.14b |
Recent financial health updates
Optimax Technology (TWSE:3051) Has A Somewhat Strained Balance Sheet
Mar 06
Is Optimax Technology (TPE:3051) A Risky Investment?
Mar 28Is Optimax Technology (TPE:3051) A Risky Investment?
Dec 13
Recent updates
Optimax Technology's (TWSE:3051) Soft Earnings Are Actually Better Than They Appear
Apr 04Optimax Technology (TWSE:3051) Has A Somewhat Strained Balance Sheet
Mar 06Optimax Technology's (TPE:3051) Returns On Capital Not Reflecting Well On The Business
Apr 25Is Optimax Technology (TPE:3051) A Risky Investment?
Mar 28Can You Imagine How Optimax Technology's (TPE:3051) Shareholders Feel About The 71% Share Price Increase?
Feb 21Can Optimax Technology (TPE:3051) Turn Things Around?
Jan 17Is Optimax Technology (TPE:3051) A Risky Investment?
Dec 13Financial Position Analysis
Short Term Liabilities: 3051's short term assets (NT$1.5B) exceed its short term liabilities (NT$434.9M).
Long Term Liabilities: 3051's short term assets (NT$1.5B) exceed its long term liabilities (NT$1.3B).
Debt to Equity History and Analysis
Debt Level: 3051's net debt to equity ratio (46.3%) is considered high.
Reducing Debt: 3051's debt to equity ratio has reduced from 488.2% to 53.5% over the past 5 years.
Debt Coverage: 3051's debt is well covered by operating cash flow (49.2%).
Interest Coverage: 3051's interest payments on its debt are well covered by EBIT (5.3x coverage).