Sphere Power Balance Sheet Health
Financial Health criteria checks 2/6
Sphere Power has a total shareholder equity of ₩30.9B and total debt of ₩28.6B, which brings its debt-to-equity ratio to 92.6%. Its total assets and total liabilities are ₩66.0B and ₩35.0B respectively.
Key information
92.6%
Debt to equity ratio
₩28.64b
Debt
| Interest coverage ratio | n/a |
| Cash | ₩15.89b |
| Equity | ₩30.94b |
| Total liabilities | ₩35.03b |
| Total assets | ₩65.96b |
Recent financial health updates
Sphere Power (KOSDAQ:203690) Is Carrying A Fair Bit Of Debt
Jul 31
Would Prostemics (KOSDAQ:203690) Be Better Off With Less Debt?
Apr 13Recent updates
Sphere Power (KOSDAQ:203690) Is Carrying A Fair Bit Of Debt
Jul 31Lacklustre Performance Is Driving Sphere Power Inc.'s (KOSDAQ:203690) 25% Price Drop
Jun 20Investors Don't See Light At End Of Sphere Power Inc.'s (KOSDAQ:203690) Tunnel And Push Stock Down 29%
May 06Further 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 (₩30.3B) do not cover its short term liabilities (₩33.5B).
Long Term Liabilities: A203690's short term assets (₩30.3B) exceed its long term liabilities (₩1.5B).
Debt to Equity History and Analysis
Debt Level: A203690's net debt to equity ratio (41.2%) is considered high.
Reducing Debt: A203690's debt to equity ratio has increased from 0% to 92.6% 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: A203690 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: A203690 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 15.4% each year