Applied Optoelectronics Balance Sheet Health
Financial Health criteria checks 5/6
Applied Optoelectronics has a total shareholder equity of $733.9M and total debt of $197.2M, which brings its debt-to-equity ratio to 26.9%. Its total assets and total liabilities are $1.2B and $434.5M respectively.
Key information
26.87%
Debt to equity ratio
US$197.17m
Debt
| Interest coverage ratio | n/a |
| Cash | US$206.14m |
| Equity | US$733.92m |
| Total liabilities | US$434.51m |
| Total assets | US$1.17b |
Recent financial health updates
Recent updates
Why I'm Buying Applied Optoelectronics, Despite Its Dark History
Apr 02
The Company Powering AI’s Data Traffic, Not Its Headlines
Rating: Speculative Buy / High Risk Style: AI infrastructure “picks-and-shovels” growth name Core debate: Is AAOI a genuine bottleneck asset in AI networking, or a cyclical optics supplier temporarily enjoying peak demand and peak multiples? Executive view Applied Optoelectronics is no longer just a small-cap optical component company.Revenues Tell The Story For Applied Optoelectronics, Inc. (NASDAQ:AAOI) As Its Stock Soars 25%
Jan 21
Applied Optoelectronics, Inc. (NASDAQ:AAOI) Stocks Pounded By 27% But Not Lagging Industry On Growth Or Pricing
Nov 14Applied Optoelectronics, Inc. (NASDAQ:AAOI) Stocks Shoot Up 32% But Its P/S Still Looks Reasonable
Sep 16Applied Optoelectronics, Inc. (NASDAQ:AAOI) Looks Just Right With A 75% Price Jump
Jul 18After Leaping 38% Applied Optoelectronics, Inc. (NASDAQ:AAOI) Shares Are Not Flying Under The Radar
May 09
Texas Expansion And New Transceivers Will Fuel Next-Generation Networks
Ramp-up of high-capacity transceiver products and capital investments signal potential revenue growth through increased sales volume in AI-focused datacenter architectures.Applied Optoelectronics: Sell The Rally
Mar 14Applied Optoelectronics Q4: Top-Line Growth Overshadowed By Decline In Margins
Mar 04Applied Optoelectronics Rises On Strong Q4-2024 Outlook And Future Data Center Growth
Dec 24Applied Optoelectronics: Risk/Reward Increasingly Unfavorable After Epic Rally (Rating Downgrade)
Dec 11Applied Optoelectronics' Bright Prospects Dimmed By Valuation Concerns
Nov 11Applied Optoelectronics: Mixed Results But Improved Outlook - Hold
Aug 27Applied Optoelectronics: The Bottom Is Not Likely In
Jul 07Applied Optoelectronics: A Turnaround Could Be Around The Corner
May 17Applied Optoelectronics Tanks On Q1 2024 Outlook: Buy The Dip
Feb 27Applied Optoelectronics: A Risky Play At A Premium
Jan 30Financial Position Analysis
Short Term Liabilities: AAOI's short term assets ($675.7M) exceed its short term liabilities ($257.3M).
Long Term Liabilities: AAOI's short term assets ($675.7M) exceed its long term liabilities ($177.2M).
Debt to Equity History and Analysis
Debt Level: AAOI has more cash than its total debt.
Reducing Debt: AAOI's debt to equity ratio has reduced from 52.5% to 26.9% 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: AAOI has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: Insufficient data to determine if AAOI has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/04/05 11:38 |
| End of Day Share Price | 2026/04/02 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Applied Optoelectronics, Inc. is covered by 14 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Argus Research Company |
| Ku Kang | B. Riley Securities, Inc. |
| Richard Shannon | Craig-Hallum Capital Group LLC |