Okong Balance Sheet Health
Financial Health criteria checks 6/6
Okong has a total shareholder equity of ₩111.4B and total debt of ₩4.5B, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are ₩139.5B and ₩28.2B respectively. Okong's EBIT is ₩10.2B making its interest coverage ratio -13.2. It has cash and short-term investments of ₩35.2B.
Key information
4.0%
Debt to equity ratio
₩4.50b
Debt
Interest coverage ratio | -13.2x |
Cash | ₩35.19b |
Equity | ₩111.36b |
Total liabilities | ₩28.17b |
Total assets | ₩139.53b |
Recent financial health updates
We Think Okong (KOSDAQ:045060) Can Manage Its Debt With Ease
Mar 16Does Okong (KOSDAQ:045060) Have A Healthy Balance Sheet?
Dec 16Recent updates
We Think Okong (KOSDAQ:045060) Can Manage Its Debt With Ease
Mar 16What Do The Returns At Okong (KOSDAQ:045060) Mean Going Forward?
Feb 26You Have To Love Okong Corporation's (KOSDAQ:045060) Dividend
Feb 08Do Its Financials Have Any Role To Play In Driving Okong Corporation's (KOSDAQ:045060) Stock Up Recently?
Jan 24Update: Okong (KOSDAQ:045060) Stock Gained 44% In The Last Year
Jan 08Should You Buy Okong Corporation (KOSDAQ:045060) For Its Upcoming Dividend?
Dec 24Does Okong (KOSDAQ:045060) Have A Healthy Balance Sheet?
Dec 16Okong's (KOSDAQ:045060) Earnings Are Growing But Is There More To The Story?
Dec 01Financial Position Analysis
Short Term Liabilities: A045060's short term assets (₩73.1B) exceed its short term liabilities (₩21.7B).
Long Term Liabilities: A045060's short term assets (₩73.1B) exceed its long term liabilities (₩6.5B).
Debt to Equity History and Analysis
Debt Level: A045060 has more cash than its total debt.
Reducing Debt: A045060's debt to equity ratio has reduced from 36.9% to 4% over the past 5 years.
Debt Coverage: A045060's debt is well covered by operating cash flow (305.8%).
Interest Coverage: A045060 earns more interest than it pays, so coverage of interest payments is not a concern.