Milae Bioresources Balance Sheet Health
Financial Health criteria checks 6/6
Milae Bioresources has a total shareholder equity of ₩44.2B and total debt of ₩3.3B, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are ₩51.6B and ₩7.4B respectively. Milae Bioresources's EBIT is ₩20.2M making its interest coverage ratio -0. It has cash and short-term investments of ₩25.3B.
Key information
7.4%
Debt to equity ratio
₩3.29b
Debt
Interest coverage ratio | -0.03x |
Cash | ₩25.25b |
Equity | ₩44.16b |
Total liabilities | ₩7.43b |
Total assets | ₩51.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A218150's short term assets (₩37.9B) exceed its short term liabilities (₩7.1B).
Long Term Liabilities: A218150's short term assets (₩37.9B) exceed its long term liabilities (₩303.9M).
Debt to Equity History and Analysis
Debt Level: A218150 has more cash than its total debt.
Reducing Debt: A218150's debt to equity ratio has reduced from 12.9% to 7.4% over the past 5 years.
Debt Coverage: A218150's debt is well covered by operating cash flow (98.3%).
Interest Coverage: A218150 earns more interest than it pays, so coverage of interest payments is not a concern.