Avaco Balance Sheet Health

Financial Health criteria checks 6/6

Avaco has a total shareholder equity of ₩185.7B and total debt of ₩0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₩362.2B and ₩176.5B respectively. Avaco's EBIT is ₩14.8B making its interest coverage ratio -10.4. It has cash and short-term investments of ₩37.9B.

Key information

0%

Debt to equity ratio

₩0

Debt

Interest coverage ratio-10.4x
Cash₩37.87b
Equity₩185.67b
Total liabilities₩176.51b
Total assets₩362.18b

Recent financial health updates

Recent updates

Avaco Co., Ltd.'s (KOSDAQ:083930) 25% Share Price Surge Not Quite Adding Up

May 22
Avaco Co., Ltd.'s (KOSDAQ:083930) 25% Share Price Surge Not Quite Adding Up

We Think You Can Look Beyond Avaco's (KOSDAQ:083930) Lackluster Earnings

Mar 25
We Think You Can Look Beyond Avaco's (KOSDAQ:083930) Lackluster Earnings

There's Reason For Concern Over Avaco Co., Ltd.'s (KOSDAQ:083930) Price

Mar 12
There's Reason For Concern Over Avaco Co., Ltd.'s (KOSDAQ:083930) Price

Avaco (KOSDAQ:083930) Is Doing The Right Things To Multiply Its Share Price

May 06
Avaco (KOSDAQ:083930) Is Doing The Right Things To Multiply Its Share Price

Why Avaco Co., Ltd. (KOSDAQ:083930) Is A Dividend Rockstar

Apr 18
Why Avaco Co., Ltd. (KOSDAQ:083930) Is A Dividend Rockstar

Avaco (KOSDAQ:083930) Could Easily Take On More Debt

Apr 02
Avaco (KOSDAQ:083930) Could Easily Take On More Debt

If You Had Bought Avaco (KOSDAQ:083930) Stock A Year Ago, You Could Pocket A 254% Gain Today

Mar 18
If You Had Bought Avaco (KOSDAQ:083930) Stock A Year Ago, You Could Pocket A 254% Gain Today

Do Institutions Own Avaco Co., Ltd. (KOSDAQ:083930) Shares?

Feb 28
Do Institutions Own Avaco Co., Ltd. (KOSDAQ:083930) Shares?

Avaco Co., Ltd.'s (KOSDAQ:083930) Stock Is Going Strong: Is the Market Following Fundamentals?

Feb 09
Avaco Co., Ltd.'s (KOSDAQ:083930) Stock Is Going Strong: Is the Market Following Fundamentals?

Here’s What’s Happening With Returns At Avaco (KOSDAQ:083930)

Jan 25
Here’s What’s Happening With Returns At Avaco (KOSDAQ:083930)

The Case For Avaco Co., Ltd. (KOSDAQ:083930): Could It Be A Nice Addition To Your Dividend Portfolio?

Jan 10
The Case For Avaco Co., Ltd. (KOSDAQ:083930): Could It Be A Nice Addition To Your Dividend Portfolio?

Why You Might Be Interested In Avaco Co., Ltd. (KOSDAQ:083930) For Its Upcoming Dividend

Dec 24
Why You Might Be Interested In Avaco Co., Ltd. (KOSDAQ:083930) For Its Upcoming Dividend

Are Avaco's (KOSDAQ:083930) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Dec 15
Are Avaco's (KOSDAQ:083930) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Avaco (KOSDAQ:083930) Has Gifted Shareholders With A Fantastic 127% Total Return On Their Investment

Nov 30
Avaco (KOSDAQ:083930) Has Gifted Shareholders With A Fantastic 127% Total Return On Their Investment

Financial Position Analysis

Short Term Liabilities: A083930's short term assets (₩254.2B) exceed its short term liabilities (₩171.0B).

Long Term Liabilities: A083930's short term assets (₩254.2B) exceed its long term liabilities (₩5.5B).


Debt to Equity History and Analysis

Debt Level: A083930 is debt free.

Reducing Debt: A083930 has no debt compared to 5 years ago when its debt to equity ratio was 4.2%.

Debt Coverage: A083930 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: A083930 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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