Artist United Balance Sheet Health
Financial Health criteria checks 4/6
Artist United has a total shareholder equity of ₩25.2B and total debt of ₩7.0B, which brings its debt-to-equity ratio to 27.9%. Its total assets and total liabilities are ₩39.1B and ₩13.9B respectively.
Key information
27.9%
Debt to equity ratio
₩7.04b
Debt
| Interest coverage ratio | n/a |
| Cash | ₩4.44b |
| Equity | ₩25.21b |
| Total liabilities | ₩13.86b |
| Total assets | ₩39.06b |
Recent financial health updates
Is Artist United (KOSDAQ:321820) Using Debt Sensibly?
Aug 12
Health Check: How Prudently Does WIDER PLANET (KOSDAQ:321820) Use Debt?
Apr 10Recent updates
Artist United Inc.'s (KOSDAQ:321820) 25% Share Price Plunge Could Signal Some Risk
Dec 06Subdued Growth No Barrier To Artist United Inc. (KOSDAQ:321820) With Shares Advancing 42%
Sep 04Is Artist United (KOSDAQ:321820) Using Debt Sensibly?
Aug 12Artist United Inc.'s (KOSDAQ:321820) 26% Price Boost Is Out Of Tune With Revenues
May 23Health Check: How Prudently Does WIDER PLANET (KOSDAQ:321820) Use Debt?
Apr 10WIDER PLANET Inc.'s (KOSDAQ:321820) Shares Climb 26% But Its Business Is Yet to Catch Up
Mar 04Financial Position Analysis
Short Term Liabilities: A321820's short term assets (₩12.9B) do not cover its short term liabilities (₩13.6B).
Long Term Liabilities: A321820's short term assets (₩12.9B) exceed its long term liabilities (₩230.5M).
Debt to Equity History and Analysis
Debt Level: A321820's net debt to equity ratio (10.3%) is considered satisfactory.
Reducing Debt: A321820's debt to equity ratio has increased from 18.9% to 27.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: A321820 has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: A321820 is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 20:45 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Artist United Inc. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jongsun Park | Eugene Investment & Securities Co Ltd. |
| Sejong Hong | Shinhan Investment Corp. |