Solux Balance Sheet Health
Financial Health criteria checks 1/6
Solux has a total shareholder equity of ₩70.8B and total debt of ₩67.4B, which brings its debt-to-equity ratio to 95.3%. Its total assets and total liabilities are ₩155.1B and ₩84.3B respectively.
Key information
95.3%
Debt to equity ratio
₩67.43b
Debt
| Interest coverage ratio | n/a |
| Cash | ₩6.48b |
| Equity | ₩70.76b |
| Total liabilities | ₩84.31b |
| Total assets | ₩155.07b |
Recent financial health updates
We Think Solux (KOSDAQ:290690) Has A Fair Chunk Of Debt
Aug 25
We Think Solux (KOSDAQ:290690) Is Taking Some Risk With Its Debt
May 22Recent updates
We Think Solux (KOSDAQ:290690) Has A Fair Chunk Of Debt
Aug 25Solux Co., Ltd. (KOSDAQ:290690) May Have Run Too Fast Too Soon With Recent 27% Price Plummet
Jun 06We Think Solux (KOSDAQ:290690) Is Taking Some Risk With Its Debt
May 22With A 77% Price Drop For Solux Co., Ltd (KOSDAQ:290690) You'll Still Get What You Pay For
Apr 11Solux Co., Ltd's (KOSDAQ:290690) 42% Price Boost Is Out Of Tune With Revenues
Feb 26Financial Position Analysis
Short Term Liabilities: A290690's short term assets (₩30.7B) do not cover its short term liabilities (₩70.4B).
Long Term Liabilities: A290690's short term assets (₩30.7B) exceed its long term liabilities (₩13.9B).
Debt to Equity History and Analysis
Debt Level: A290690's net debt to equity ratio (86.1%) is considered high.
Reducing Debt: A290690's debt to equity ratio has increased from 88.3% to 95.3% over the past 5 years.
Debt Coverage: A290690's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if A290690's interest payments on its debt are well covered by EBIT.