M2NLtd Balance Sheet Health
Financial Health criteria checks 5/6
M2NLtd has a total shareholder equity of ₩147.0B and total debt of ₩19.0B, which brings its debt-to-equity ratio to 12.9%. Its total assets and total liabilities are ₩188.7B and ₩41.7B respectively. M2NLtd's EBIT is ₩4.4B making its interest coverage ratio 1.9. It has cash and short-term investments of ₩5.7B.
Key information
12.9%
Debt to equity ratio
₩18.99b
Debt
| Interest coverage ratio | 1.9x |
| Cash | ₩5.71b |
| Equity | ₩146.98b |
| Total liabilities | ₩41.69b |
| Total assets | ₩188.67b |
Recent financial health updates
These 4 Measures Indicate That M2NLtd (KOSDAQ:033310) Is Using Debt Extensively
Nov 12
Would M2NLtd (KOSDAQ:033310) Be Better Off With Less Debt?
Jan 02Recent updates
These 4 Measures Indicate That M2NLtd (KOSDAQ:033310) Is Using Debt Extensively
Nov 12M2NLtd's (KOSDAQ:033310) Problems Go Beyond Weak Profit
Mar 31Do 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 (₩34.5B) exceed its short term liabilities (₩23.5B).
Long Term Liabilities: A033310's short term assets (₩34.5B) exceed its long term liabilities (₩18.2B).
Debt to Equity History and Analysis
Debt Level: A033310's net debt to equity ratio (9%) is considered satisfactory.
Reducing Debt: A033310's debt to equity ratio has reduced from 40.6% to 12.9% over the past 5 years.
Debt Coverage: A033310's debt is well covered by operating cash flow (20.7%).
Interest Coverage: A033310's interest payments on its debt are not well covered by EBIT (1.9x coverage).