Young Fast Optoelectronics Balance Sheet Health
Financial Health criteria checks 6/6
Young Fast Optoelectronics has a total shareholder equity of NT$6.9B and total debt of NT$35.0M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are NT$7.7B and NT$756.0M respectively. Young Fast Optoelectronics's EBIT is NT$428.6M making its interest coverage ratio -4.2. It has cash and short-term investments of NT$4.8B.
Key information
0.5%
Debt to equity ratio
NT$35.00m
Debt
| Interest coverage ratio | -4.2x |
| Cash | NT$4.78b |
| Equity | NT$6.94b |
| Total liabilities | NT$755.99m |
| Total assets | NT$7.70b |
Recent financial health updates
Recent updates
Are Young Fast Optoelectronics Co., Ltd.'s (TPE:3622) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
Feb 18
These 4 Measures Indicate That Young Fast Optoelectronics (TPE:3622) Is Using Debt Safely
Jan 31Young Fast Optoelectronics (TPE:3622) Has Gifted Shareholders With A Fantastic 253% Total Return On Their Investment
Jan 12
Returns On Capital - An Important Metric For Young Fast Optoelectronics (TPE:3622)
Dec 25Should You Rely On Young Fast Optoelectronics's (TPE:3622) Earnings Growth?
Dec 07Young Fast Optoelectronics Co., Ltd.'s (TPE:3622) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Nov 19Financial Position Analysis
Short Term Liabilities: 3622's short term assets (NT$5.4B) exceed its short term liabilities (NT$467.8M).
Long Term Liabilities: 3622's short term assets (NT$5.4B) exceed its long term liabilities (NT$288.2M).
Debt to Equity History and Analysis
Debt Level: 3622 has more cash than its total debt.
Reducing Debt: 3622's debt to equity ratio has reduced from 1.3% to 0.5% over the past 5 years.
Debt Coverage: 3622's debt is well covered by operating cash flow (1618.1%).
Interest Coverage: 3622 earns more interest than it pays, so coverage of interest payments is not a concern.