MiCo Balance Sheet Health
Financial Health criteria checks 6/6
MiCo has a total shareholder equity of ₩399.0B and total debt of ₩309.5B, which brings its debt-to-equity ratio to 77.6%. Its total assets and total liabilities are ₩877.1B and ₩478.1B respectively. MiCo's EBIT is ₩63.5B making its interest coverage ratio 8.3. It has cash and short-term investments of ₩169.8B.
Key information
77.6%
Debt to equity ratio
₩309.46b
Debt
| Interest coverage ratio | 8.3x |
| Cash | ₩169.83b |
| Equity | ₩398.98b |
| Total liabilities | ₩478.13b |
| Total assets | ₩877.12b |
Recent financial health updates
MiCo (KOSDAQ:059090) Seems To Use Debt Quite Sensibly
Sep 04
MiCo (KOSDAQ:059090) Takes On Some Risk With Its Use Of Debt
May 07MiCo (KOSDAQ:059090) Takes On Some Risk With Its Use Of Debt
Dec 21
Recent updates
MiCo (KOSDAQ:059090) Seems To Use Debt Quite Sensibly
Sep 04Lacklustre Performance Is Driving MiCo Ltd.'s (KOSDAQ:059090) 26% Price Drop
Jul 19MiCo Ltd. (KOSDAQ:059090) Shares Fly 38% But Investors Aren't Buying For Growth
May 20MiCo (KOSDAQ:059090) Takes On Some Risk With Its Use Of Debt
May 07MiCo Ltd.'s (KOSDAQ:059090) Shares Bounce 25% But Its Business Still Trails The Industry
Mar 06Is MiCo Ltd. (KOSDAQ:059090) A High Quality Stock To Own?
Feb 21Returns On Capital At MiCo (KOSDAQ:059090) Paint An Interesting Picture
Jan 18MiCo (KOSDAQ:059090) Takes On Some Risk With Its Use Of Debt
Dec 21If You Had Bought MiCo (KOSDAQ:059090) Shares Five Years Ago You'd Have Earned 502% Returns
Nov 30Financial Position Analysis
Short Term Liabilities: A059090's short term assets (₩383.5B) exceed its short term liabilities (₩285.2B).
Long Term Liabilities: A059090's short term assets (₩383.5B) exceed its long term liabilities (₩192.9B).
Debt to Equity History and Analysis
Debt Level: A059090's net debt to equity ratio (35%) is considered satisfactory.
Reducing Debt: A059090's debt to equity ratio has reduced from 85.3% to 77.6% 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: Whilst unprofitable A059090 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: A059090 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 32% per year.