GH Advanced Materials Balance Sheet Health
Financial Health criteria checks 1/6
GH Advanced Materials has a total shareholder equity of ₩88.4B and total debt of ₩74.0B, which brings its debt-to-equity ratio to 83.7%. Its total assets and total liabilities are ₩180.1B and ₩91.7B respectively. GH Advanced Materials's EBIT is ₩4.7B making its interest coverage ratio 2.3. It has cash and short-term investments of ₩23.8B.
Key information
83.7%
Debt to equity ratio
₩74.03b
Debt
| Interest coverage ratio | 2.3x |
| Cash | ₩23.81b |
| Equity | ₩88.40b |
| Total liabilities | ₩91.69b |
| Total assets | ₩180.10b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A130500's short term assets (₩54.5B) do not cover its short term liabilities (₩67.4B).
Long Term Liabilities: A130500's short term assets (₩54.5B) exceed its long term liabilities (₩24.3B).
Debt to Equity History and Analysis
Debt Level: A130500's net debt to equity ratio (56.8%) is considered high.
Reducing Debt: A130500's debt to equity ratio has increased from 64.1% to 83.7% over the past 5 years.
Debt Coverage: A130500's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: A130500's interest payments on its debt are not well covered by EBIT (2.3x coverage).