Artist United Balance Sheet Health
Financial Health criteria checks 5/6
Artist United has a total shareholder equity of ₩26.2B and total debt of ₩6.7B, which brings its debt-to-equity ratio to 25.6%. Its total assets and total liabilities are ₩45.2B and ₩19.0B respectively.
Key information
25.6%
Debt to equity ratio
₩6.72b
Debt
| Interest coverage ratio | n/a |
| Cash | ₩11.43b |
| Equity | ₩26.19b |
| Total liabilities | ₩19.05b |
| Total assets | ₩45.23b |
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
Subdued 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 (₩19.8B) exceed its short term liabilities (₩18.9B).
Long Term Liabilities: A321820's short term assets (₩19.8B) exceed its long term liabilities (₩151.2M).
Debt to Equity History and Analysis
Debt Level: A321820 has more cash than its total debt.
Reducing Debt: A321820's debt to equity ratio has increased from 11.9% to 25.6% 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 more than a year based on its current free cash flow.
Forecast Cash Runway: A321820 has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 2.4% each year.