Shinhan 9th Special Purpose Acquisition Company Balance Sheet Health
Financial Health criteria checks 3/6
Shinhan 9th Special Purpose Acquisition Company has a total shareholder equity of ₩8.7B and total debt of ₩1.4B, which brings its debt-to-equity ratio to 15.7%. Its total assets and total liabilities are ₩10.1B and ₩1.4B respectively.
Key information
15.7%
Debt to equity ratio
₩1.36b
Debt
Interest coverage ratio | n/a |
Cash | ₩1.74b |
Equity | ₩8.68b |
Total liabilities | ₩1.42b |
Total assets | ₩10.10b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: A405640's short term assets (₩2.0B) exceed its short term liabilities (₩1.4B).
Long Term Liabilities: A405640's short term assets (₩2.0B) exceed its long term liabilities (₩63.7M).
Debt to Equity History and Analysis
Debt Level: A405640 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if A405640's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: A405640's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if A405640's interest payments on its debt are well covered by EBIT.