T3 Entertainment Balance Sheet Health
Financial Health criteria checks 5/6
T3 Entertainment has a total shareholder equity of ₩104.2B and total debt of ₩3.3B, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are ₩121.8B and ₩17.6B respectively. T3 Entertainment's EBIT is ₩7.9B making its interest coverage ratio -6.2. It has cash and short-term investments of ₩77.6B.
Key information
3.2%
Debt to equity ratio
₩3.31b
Debt
| Interest coverage ratio | -6.2x |
| Cash | ₩77.59b |
| Equity | ₩104.15b |
| Total liabilities | ₩17.65b |
| Total assets | ₩121.80b |
Financial Position Analysis
Short Term Liabilities: A204610's short term assets (₩97.1B) exceed its short term liabilities (₩15.6B).
Long Term Liabilities: A204610's short term assets (₩97.1B) exceed its long term liabilities (₩2.0B).
Debt to Equity History and Analysis
Debt Level: A204610 has more cash than its total debt.
Reducing Debt: A204610's debt to equity ratio has increased from 2.6% to 3.2% over the past 5 years.
Debt Coverage: A204610's debt is well covered by operating cash flow (64.4%).
Interest Coverage: A204610 earns more interest than it pays, so coverage of interest payments is not a concern.