WAPS Balance Sheet Health
Financial Health criteria checks 3/6
WAPS has a total shareholder equity of ₩34.6B and total debt of ₩29.6B, which brings its debt-to-equity ratio to 85.4%. Its total assets and total liabilities are ₩67.7B and ₩33.1B respectively. WAPS's EBIT is ₩3.5B making its interest coverage ratio 3.1. It has cash and short-term investments of ₩13.0B.
Key information
85.4%
Debt to equity ratio
₩29.58b
Debt
Interest coverage ratio | 3.1x |
Cash | ₩13.02b |
Equity | ₩34.63b |
Total liabilities | ₩33.09b |
Total assets | ₩67.73b |
Financial Position Analysis
Short Term Liabilities: A196700's short term assets (₩40.7B) exceed its short term liabilities (₩26.2B).
Long Term Liabilities: A196700's short term assets (₩40.7B) exceed its long term liabilities (₩6.9B).
Debt to Equity History and Analysis
Debt Level: A196700's net debt to equity ratio (47.8%) is considered high.
Reducing Debt: A196700's debt to equity ratio has increased from 66.8% to 85.4% over the past 5 years.
Debt Coverage: A196700's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: A196700's interest payments on its debt are well covered by EBIT (3.1x coverage).