Sphere Power Balance Sheet Health
Financial Health criteria checks 4/6
Sphere Power has a total shareholder equity of ₩30.9B and total debt of ₩35.0B, which brings its debt-to-equity ratio to 113.2%. Its total assets and total liabilities are ₩77.2B and ₩46.3B respectively.
Key information
113.2%
Debt to equity ratio
₩35.00b
Debt
| Interest coverage ratio | n/a |
| Cash | ₩28.18b |
| Equity | ₩30.93b |
| Total liabilities | ₩46.26b |
| Total assets | ₩77.19b |
Recent financial health updates
Recent updates
Investors Don't See Light At End Of Sphere Power Inc.'s (KOSDAQ:203690) Tunnel And Push Stock Down 29%
May 06
Further Upside For Sphere Power Inc. (KOSDAQ:203690) Shares Could Introduce Price Risks After 44% Bounce
Mar 21Sphere Power Inc. (KOSDAQ:203690) Soars 44% But It's A Story Of Risk Vs Reward
Mar 21Would Prostemics (KOSDAQ:203690) Be Better Off With Less Debt?
Apr 13What Type Of Returns Would Prostemics'(KOSDAQ:203690) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Feb 17
Do Institutions Own Prostemics Co., Ltd. (KOSDAQ:203690) Shares?
Dec 22Financial Position Analysis
Short Term Liabilities: A203690's short term assets (₩40.2B) do not cover its short term liabilities (₩42.1B).
Long Term Liabilities: A203690's short term assets (₩40.2B) exceed its long term liabilities (₩4.1B).
Debt to Equity History and Analysis
Debt Level: A203690's net debt to equity ratio (22%) is considered satisfactory.
Reducing Debt: A203690's debt to equity ratio has increased from 0% to 113.2% 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: A203690 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: A203690 has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 14.2% each year.