Young Optics Balance Sheet Health
Financial Health criteria checks 5/6
Young Optics has a total shareholder equity of NT$2.8B and total debt of NT$345.2M, which brings its debt-to-equity ratio to 12.4%. Its total assets and total liabilities are NT$4.2B and NT$1.4B respectively.
Key information
12.4%
Debt to equity ratio
NT$345.16m
Debt
Interest coverage ratio | n/a |
Cash | NT$934.53m |
Equity | NT$2.79b |
Total liabilities | NT$1.43b |
Total assets | NT$4.22b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3504's short term assets (NT$1.9B) exceed its short term liabilities (NT$968.4M).
Long Term Liabilities: 3504's short term assets (NT$1.9B) exceed its long term liabilities (NT$457.1M).
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 23.3% to 12.4% over the past 5 years.
Debt Coverage: 3504's debt is well covered by operating cash flow (81.9%).
Interest Coverage: Insufficient data to determine if 3504's interest payments on its debt are well covered by EBIT.