Me2on Balance Sheet Health

Financial Health criteria checks 6/6

Me2on has a total shareholder equity of ₩232.6B and total debt of ₩18.9B, which brings its debt-to-equity ratio to 8.1%. Its total assets and total liabilities are ₩276.0B and ₩43.4B respectively. Me2on's EBIT is ₩21.9B making its interest coverage ratio -10.1. It has cash and short-term investments of ₩76.1B.

Key information

8.1%

Debt to equity ratio

₩18.94b

Debt

Interest coverage ratio-10.1x
Cash₩76.12b
Equity₩232.57b
Total liabilities₩43.40b
Total assets₩275.98b

Recent financial health updates

Recent updates

Calculating The Fair Value Of Me2on Co., Ltd. (KOSDAQ:201490)

Mar 29
Calculating The Fair Value Of Me2on Co., Ltd. (KOSDAQ:201490)

Can Me2on (KOSDAQ:201490) Prolong Its Impressive Returns?

Mar 01
Can Me2on (KOSDAQ:201490) Prolong Its Impressive Returns?

Me2on (KOSDAQ:201490) Seems To Use Debt Rather Sparingly

Feb 08
Me2on (KOSDAQ:201490) Seems To Use Debt Rather Sparingly

Me2on Co., Ltd.'s (KOSDAQ:201490) Stock Been Rising: Are Strong Financials Guiding The Market?

Jan 20
Me2on Co., Ltd.'s (KOSDAQ:201490) Stock Been Rising: Are Strong Financials Guiding The Market?

If You Had Bought Me2on's (KOSDAQ:201490) Shares Three Years Ago You Would Be Down 23%

Jan 01
If You Had Bought Me2on's (KOSDAQ:201490) Shares Three Years Ago You Would Be Down 23%

Here's Why We Think Me2on's (KOSDAQ:201490) Statutory Earnings Might Be Conservative

Dec 14
Here's Why We Think Me2on's (KOSDAQ:201490) Statutory Earnings Might Be Conservative

Does Me2on (KOSDAQ:201490) Deserve A Spot On Your Watchlist?

Nov 25
Does Me2on (KOSDAQ:201490) Deserve A Spot On Your Watchlist?

Financial Position Analysis

Short Term Liabilities: A201490's short term assets (₩94.5B) exceed its short term liabilities (₩35.5B).

Long Term Liabilities: A201490's short term assets (₩94.5B) exceed its long term liabilities (₩7.9B).


Debt to Equity History and Analysis

Debt Level: A201490 has more cash than its total debt.

Reducing Debt: A201490's debt to equity ratio has reduced from 26.1% to 8.1% over the past 5 years.

Debt Coverage: A201490's debt is well covered by operating cash flow (128%).

Interest Coverage: A201490 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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