Formetal Balance Sheet Health
Financial Health criteria checks 6/6
Formetal has a total shareholder equity of ₩50.0B and total debt of ₩4.8B, which brings its debt-to-equity ratio to 9.6%. Its total assets and total liabilities are ₩64.6B and ₩14.6B respectively. Formetal's EBIT is ₩1.9B making its interest coverage ratio 14.6. It has cash and short-term investments of ₩3.5B.
Key information
9.6%
Debt to equity ratio
₩4.82b
Debt
| Interest coverage ratio | 14.6x |
| Cash | ₩3.55b |
| Equity | ₩50.02b |
| Total liabilities | ₩14.60b |
| Total assets | ₩64.63b |
Recent financial health updates
Formetal (KOSDAQ:119500) Could Easily Take On More Debt
Aug 12
Does Formetal (KOSDAQ:119500) Have A Healthy Balance Sheet?
Mar 15Here's Why Formetal (KOSDAQ:119500) Has A Meaningful Debt Burden
Nov 24
Recent updates
Formetal Co., Ltd.'s (KOSDAQ:119500) Share Price Not Quite Adding Up
Dec 09Formetal (KOSDAQ:119500) Could Easily Take On More Debt
Aug 12Does Formetal (KOSDAQ:119500) Have A Healthy Balance Sheet?
Mar 15Returns On Capital - An Important Metric For Formetal (KOSDAQ:119500)
Feb 15Investors Who Bought Formetal (KOSDAQ:119500) Shares Five Years Ago Are Now Up 81%
Jan 17Is Formetal Co., Ltd.'s (KOSDAQ:119500) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Dec 21Here's Why Formetal (KOSDAQ:119500) Has A Meaningful Debt Burden
Nov 24Financial Position Analysis
Short Term Liabilities: A119500's short term assets (₩23.9B) exceed its short term liabilities (₩12.8B).
Long Term Liabilities: A119500's short term assets (₩23.9B) exceed its long term liabilities (₩1.8B).
Debt to Equity History and Analysis
Debt Level: A119500's net debt to equity ratio (2.5%) is considered satisfactory.
Reducing Debt: A119500's debt to equity ratio has reduced from 20.1% to 9.6% over the past 5 years.
Debt Coverage: A119500's debt is well covered by operating cash flow (84.7%).
Interest Coverage: A119500's interest payments on its debt are well covered by EBIT (14.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 13:56 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Formetal Co., Ltd. is covered by 1 analysts. 0 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 |
|---|---|
| Byung Hwa Han | Eugene Investment & Securities Co Ltd. |