Optimax Technology Balance Sheet Health
Financial Health criteria checks 6/6
Optimax Technology has a total shareholder equity of NT$2.4B and total debt of NT$1.1B, which brings its debt-to-equity ratio to 44.3%. Its total assets and total liabilities are NT$4.0B and NT$1.6B respectively. Optimax Technology's EBIT is NT$308.2M making its interest coverage ratio 10.1. It has cash and short-term investments of NT$220.4M.
Key information
44.3%
Debt to equity ratio
NT$1.08b
Debt
| Interest coverage ratio | 10.1x |
| Cash | NT$220.35m |
| Equity | NT$2.43b |
| Total liabilities | NT$1.57b |
| Total assets | NT$4.00b |
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$1.4B) exceed its short term liabilities (NT$454.8M).
Long Term Liabilities: 3051's short term assets (NT$1.4B) exceed its long term liabilities (NT$1.1B).
Debt to Equity History and Analysis
Debt Level: 3051's net debt to equity ratio (35.3%) is considered satisfactory.
Reducing Debt: 3051's debt to equity ratio has reduced from 524.8% to 44.3% over the past 5 years.
Debt Coverage: 3051's debt is well covered by operating cash flow (44.2%).
Interest Coverage: 3051's interest payments on its debt are well covered by EBIT (10.1x coverage).