Iljeong IndustrialLtd Balance Sheet Health
Financial Health criteria checks 3/6
Iljeong IndustrialLtd has a total shareholder equity of ₩3.0B and total debt of ₩22.4B, which brings its debt-to-equity ratio to 736.7%. Its total assets and total liabilities are ₩31.0B and ₩28.0B respectively.
Key information
736.7%
Debt to equity ratio
₩22.38b
Debt
Interest coverage ratio | n/a |
Cash | ₩786.88m |
Equity | ₩3.04b |
Total liabilities | ₩28.01b |
Total assets | ₩31.05b |
Financial Position Analysis
Short Term Liabilities: A008500's short term assets (₩12.1B) do not cover its short term liabilities (₩22.3B).
Long Term Liabilities: A008500's short term assets (₩12.1B) exceed its long term liabilities (₩5.7B).
Debt to Equity History and Analysis
Debt Level: A008500's net debt to equity ratio (710.8%) is considered high.
Reducing Debt: A008500's debt to equity ratio has increased from 42% to 736.7% 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: A008500 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: A008500 has sufficient cash runway for 1.7 years if free cash flow continues to grow at historical rates of 11.1% each year.