YG Entertainment Balance Sheet Health
Financial Health criteria checks 6/6
YG Entertainment has a total shareholder equity of ₩585.2B and total debt of ₩8.3B, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are ₩742.2B and ₩157.0B respectively. YG Entertainment's EBIT is ₩79.5B making its interest coverage ratio -8.8. It has cash and short-term investments of ₩224.0B.
Key information
1.4%
Debt to equity ratio
₩8.26b
Debt
| Interest coverage ratio | -8.8x |
| Cash | ₩223.97b |
| Equity | ₩585.16b |
| Total liabilities | ₩157.04b |
| Total assets | ₩742.20b |
Recent financial health updates
YG Entertainment (KOSDAQ:122870) Has A Somewhat Strained Balance Sheet
Mar 17
Health Check: How Prudently Does YG Entertainment (KOSDAQ:122870) Use Debt?
Nov 24Recent updates
Investors Don't See Light At End Of YG Entertainment Inc.'s (KOSDAQ:122870) Tunnel
Mar 12Some Investors May Be Worried About YG Entertainment's (KOSDAQ:122870) Returns On Capital
Apr 15YG Entertainment's (KOSDAQ:122870) Profits Appear To Have Quality Issues
Mar 25YG Entertainment (KOSDAQ:122870) Has A Somewhat Strained Balance Sheet
Mar 17Is YG Entertainment Inc. (KOSDAQ:122870) Popular Amongst Insiders?
Feb 24YG Entertainment Inc.'s (KOSDAQ:122870) Intrinsic Value Is Potentially 99% Above Its Share Price
Feb 03Update: YG Entertainment (KOSDAQ:122870) Stock Gained 64% In The Last Three Years
Jan 10Is YG Entertainment (KOSDAQ:122870) Likely To Turn Things Around?
Dec 15Health Check: How Prudently Does YG Entertainment (KOSDAQ:122870) Use Debt?
Nov 24Financial Position Analysis
Short Term Liabilities: A122870's short term assets (₩347.4B) exceed its short term liabilities (₩142.6B).
Long Term Liabilities: A122870's short term assets (₩347.4B) exceed its long term liabilities (₩14.4B).
Debt to Equity History and Analysis
Debt Level: A122870 has more cash than its total debt.
Reducing Debt: A122870's debt to equity ratio has reduced from 18.6% to 1.4% over the past 5 years.
Debt Coverage: A122870's debt is well covered by operating cash flow (1133.6%).
Interest Coverage: A122870 earns more interest than it pays, so coverage of interest payments is not a concern.