InnoCare Optoelectronics Balance Sheet Health
Financial Health criteria checks 5/6
InnoCare Optoelectronics has a total shareholder equity of NT$1.4B and total debt of NT$100.0M, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are NT$2.3B and NT$885.4M respectively. InnoCare Optoelectronics's EBIT is NT$14.3M making its interest coverage ratio -1.4. It has cash and short-term investments of NT$710.0M.
Key information
7.2%
Debt to equity ratio
NT$100.00m
Debt
| Interest coverage ratio | -1.4x |
| Cash | NT$710.05m |
| Equity | NT$1.38b |
| Total liabilities | NT$885.40m |
| Total assets | NT$2.27b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6861's short term assets (NT$1.9B) exceed its short term liabilities (NT$710.0M).
Long Term Liabilities: 6861's short term assets (NT$1.9B) exceed its long term liabilities (NT$175.4M).
Debt to Equity History and Analysis
Debt Level: 6861 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 6861's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6861's debt is well covered by operating cash flow (110.5%).
Interest Coverage: 6861 earns more interest than it pays, so coverage of interest payments is not a concern.