MEKICS Balance Sheet Health
Financial Health criteria checks 4/6
MEKICS has a total shareholder equity of ₩45.9B and total debt of ₩16.8B, which brings its debt-to-equity ratio to 36.5%. Its total assets and total liabilities are ₩67.1B and ₩21.2B respectively.
Key information
36.5%
Debt to equity ratio
₩16.77b
Debt
| Interest coverage ratio | n/a |
| Cash | ₩11.41b |
| Equity | ₩45.94b |
| Total liabilities | ₩21.17b |
| Total assets | ₩67.11b |
Recent financial health updates
Would MEKICS (KOSDAQ:058110) Be Better Off With Less Debt?
Aug 03
Is MEKICS (KOSDAQ:058110) Weighed On By Its Debt Load?
Mar 01We Think MEKICS (KOSDAQ:058110) Can Stay On Top Of Its Debt
Nov 27
Recent updates
Would MEKICS (KOSDAQ:058110) Be Better Off With Less Debt?
Aug 03Is MEKICS (KOSDAQ:058110) Weighed On By Its Debt Load?
Mar 01Declining Stock and Solid Fundamentals: Is The Market Wrong About MEKICS CO., Ltd (KOSDAQ:058110)?
Mar 15We Wouldn't Rely On MEKICS' (KOSDAQ:058110) Statutory Earnings As A Guide
Feb 08Is MEKICS CO., Ltd's (KOSDAQ:058110) Shareholder Ownership Skewed Towards Insiders?
Jan 18Announcing: MEKICS (KOSDAQ:058110) Stock Soared An Exciting 782% In The Last Year
Dec 28We Think MEKICS (KOSDAQ:058110) Can Stay On Top Of Its Debt
Nov 27Financial Position Analysis
Short Term Liabilities: A058110's short term assets (₩27.1B) exceed its short term liabilities (₩15.0B).
Long Term Liabilities: A058110's short term assets (₩27.1B) exceed its long term liabilities (₩6.2B).
Debt to Equity History and Analysis
Debt Level: A058110's net debt to equity ratio (11.7%) is considered satisfactory.
Reducing Debt: A058110's debt to equity ratio has reduced from 296.9% to 36.5% over the past 5 years.
Debt Coverage: A058110's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if A058110's interest payments on its debt are well covered by EBIT.