M2NLtd Balance Sheet Health
Financial Health criteria checks 5/6
M2NLtd has a total shareholder equity of ₩142.8B and total debt of ₩23.0B, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are ₩183.8B and ₩41.1B respectively. M2NLtd's EBIT is ₩3.2B making its interest coverage ratio 1.4. It has cash and short-term investments of ₩5.8B.
Key information
16.1%
Debt to equity ratio
₩22.96b
Debt
| Interest coverage ratio | 1.4x |
| Cash | ₩5.79b |
| Equity | ₩142.78b |
| Total liabilities | ₩41.06b |
| Total assets | ₩183.84b |
Recent financial health updates
Recent updates
M2NLtd's (KOSDAQ:033310) Problems Go Beyond Weak Profit
Mar 31
Do Insiders Own Lots Of Shares In M2N Co.,Ltd (KOSDAQ:033310)?
Mar 04Can You Imagine How Elated M2NLtd's (KOSDAQ:033310) Shareholders Feel About Its 525% Share Price Gain?
Jan 28
Would M2NLtd (KOSDAQ:033310) Be Better Off With Less Debt?
Jan 02Here's Why We Don't Think M2NLtd's (KOSDAQ:033310) Statutory Earnings Reflect Its Underlying Earnings Potential
Dec 06Financial Position Analysis
Short Term Liabilities: A033310's short term assets (₩29.5B) exceed its short term liabilities (₩24.6B).
Long Term Liabilities: A033310's short term assets (₩29.5B) exceed its long term liabilities (₩16.4B).
Debt to Equity History and Analysis
Debt Level: A033310's net debt to equity ratio (12%) is considered satisfactory.
Reducing Debt: A033310's debt to equity ratio has reduced from 44.2% to 16.1% over the past 5 years.
Debt Coverage: A033310's debt is well covered by operating cash flow (20.5%).
Interest Coverage: A033310's interest payments on its debt are not well covered by EBIT (1.4x coverage).