Finetek Balance Sheet Health
Financial Health criteria checks 2/6
Finetek has a total shareholder equity of ₩33.7B and total debt of ₩29.9B, which brings its debt-to-equity ratio to 88.8%. Its total assets and total liabilities are ₩88.9B and ₩55.2B respectively. Finetek's EBIT is ₩3.1B making its interest coverage ratio 2.3. It has cash and short-term investments of ₩12.2B.
Key information
88.8%
Debt to equity ratio
₩29.89b
Debt
| Interest coverage ratio | 2.3x |
| Cash | ₩12.18b |
| Equity | ₩33.68b |
| Total liabilities | ₩55.21b |
| Total assets | ₩88.89b |
Recent financial health updates
Is Finetek (KOSDAQ:131760) A Risky Investment?
Apr 12
We Think FINETEK (KOSDAQ:131760) Has A Fair Chunk Of Debt
Dec 22
Recent updates
Returns On Capital At Finetek (KOSDAQ:131760) Paint A Concerning Picture
Dec 10Is Finetek (KOSDAQ:131760) A Risky Investment?
Apr 12How Much Did Finetek's(KOSDAQ:131760) Shareholders Earn From Share Price Movements Over The Last Five Years?
Feb 16We Think FINETEK (KOSDAQ:131760) Has A Fair Chunk Of Debt
Dec 22Financial Position Analysis
Short Term Liabilities: A131760's short term assets (₩58.8B) exceed its short term liabilities (₩46.7B).
Long Term Liabilities: A131760's short term assets (₩58.8B) exceed its long term liabilities (₩8.5B).
Debt to Equity History and Analysis
Debt Level: A131760's net debt to equity ratio (52.6%) is considered high.
Reducing Debt: A131760's debt to equity ratio has increased from 46% to 88.8% over the past 5 years.
Debt Coverage: A131760's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: A131760's interest payments on its debt are not well covered by EBIT (2.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 07:44 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Finetek Co., Ltd. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jongsun Park | Eugene Investment & Securities Co Ltd. |
| Se Hoon Sohn | NH Investment & Securities Co., Ltd. |
| Ji-Hoon Lee | SK Securities Co., Ltd. |