Genie Music Balance Sheet Health
Financial Health criteria checks 6/6
Genie Music has a total shareholder equity of ₩241.1B and total debt of ₩0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₩375.9B and ₩134.8B respectively. Genie Music's EBIT is ₩15.1B making its interest coverage ratio -5.9. It has cash and short-term investments of ₩87.1B.
Key information
0%
Debt to equity ratio
₩0
Debt
Interest coverage ratio | -5.9x |
Cash | ₩87.07b |
Equity | ₩241.08b |
Total liabilities | ₩134.77b |
Total assets | ₩375.85b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: A043610's short term assets (₩191.0B) exceed its short term liabilities (₩128.4B).
Long Term Liabilities: A043610's short term assets (₩191.0B) exceed its long term liabilities (₩6.4B).
Debt to Equity History and Analysis
Debt Level: A043610 is debt free.
Reducing Debt: A043610 has no debt compared to 5 years ago when its debt to equity ratio was 0.6%.
Debt Coverage: A043610 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: A043610 has no debt, therefore coverage of interest payments is not a concern.