MIDONG Co Balance Sheet Health
Financial Health criteria checks 5/6
MIDONG Co has a total shareholder equity of ₩31.5B and total debt of ₩581.1M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are ₩34.0B and ₩2.5B respectively.
Key information
1.8%
Debt to equity ratio
₩581.09m
Debt
Interest coverage ratio | n/a |
Cash | ₩2.81b |
Equity | ₩31.53b |
Total liabilities | ₩2.51b |
Total assets | ₩34.05b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: A161570's short term assets (₩6.7B) exceed its short term liabilities (₩2.5B).
Long Term Liabilities: A161570 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: A161570 has more cash than its total debt.
Reducing Debt: A161570's debt to equity ratio has increased from 0% to 1.8% 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: A161570 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: A161570 is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.