Young Optics Balance Sheet Health
Financial Health criteria checks 6/6
Young Optics has a total shareholder equity of NT$2.8B and total debt of NT$332.9M, which brings its debt-to-equity ratio to 12.1%. Its total assets and total liabilities are NT$4.3B and NT$1.5B respectively.
Key information
12.1%
Debt to equity ratio
NT$332.90m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$902.05m |
| Equity | NT$2.75b |
| Total liabilities | NT$1.52b |
| Total assets | NT$4.28b |
Financial Position Analysis
Short Term Liabilities: 3504's short term assets (NT$2.0B) exceed its short term liabilities (NT$1.1B).
Long Term Liabilities: 3504's short term assets (NT$2.0B) exceed its long term liabilities (NT$449.5M).
Debt to Equity History and Analysis
Debt Level: 3504 has more cash than its total debt.
Reducing Debt: 3504's debt to equity ratio has reduced from 32.2% to 12.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 3504 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 3504 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 34.2% per year.