Philoptics Balance Sheet Health
Financial Health criteria checks 6/6
Philoptics has a total shareholder equity of ₩231.9B and total debt of ₩66.3B, which brings its debt-to-equity ratio to 28.6%. Its total assets and total liabilities are ₩450.9B and ₩219.0B respectively. Philoptics's EBIT is ₩10.3B making its interest coverage ratio 4.5. It has cash and short-term investments of ₩149.2B.
Key information
28.6%
Debt to equity ratio
₩66.30b
Debt
| Interest coverage ratio | 4.5x |
| Cash | ₩149.22b |
| Equity | ₩231.91b |
| Total liabilities | ₩219.00b |
| Total assets | ₩450.91b |
Recent financial health updates
We Think Philoptics (KOSDAQ:161580) Can Stay On Top Of Its Debt
Apr 19
These 4 Measures Indicate That Philoptics (KOSDAQ:161580) Is Using Debt Extensively
Mar 31Recent updates
Philoptics Co., Ltd.'s (KOSDAQ:161580) 98% Price Boost Is Out Of Tune With Revenues
Apr 23We Think Philoptics (KOSDAQ:161580) Can Stay On Top Of Its Debt
Apr 19Philoptics Co., Ltd.'s (KOSDAQ:161580) Share Price Boosted 29% But Its Business Prospects Need A Lift Too
Feb 29These 4 Measures Indicate That Philoptics (KOSDAQ:161580) Is Using Debt Extensively
Mar 31The Philoptics (KOSDAQ:161580) Share Price Is Up 35% And Shareholders Are Holding On
Mar 05Does Philoptics's (KOSDAQ:161580) Statutory Profit Adequately Reflect Its Underlying Profit?
Jan 28
What Kind Of Investors Own Most Of Philoptics Co., Ltd. (KOSDAQ:161580)?
Jan 07Is Philoptics Co., Ltd.'s (KOSDAQ:161580) ROE Of 5.6% Concerning?
Dec 17Are Investors Undervaluing Philoptics Co., Ltd. (KOSDAQ:161580) By 47%?
Nov 25Financial Position Analysis
Short Term Liabilities: A161580's short term assets (₩296.2B) exceed its short term liabilities (₩207.4B).
Long Term Liabilities: A161580's short term assets (₩296.2B) exceed its long term liabilities (₩11.6B).
Debt to Equity History and Analysis
Debt Level: A161580 has more cash than its total debt.
Reducing Debt: A161580's debt to equity ratio has reduced from 111.4% to 28.6% 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 A161580 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: A161580 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 15.8% per year.