NeontechLtd Balance Sheet Health
Financial Health criteria checks 4/6
NeontechLtd has a total shareholder equity of ₩62.3B and total debt of ₩60.3B, which brings its debt-to-equity ratio to 96.8%. Its total assets and total liabilities are ₩152.8B and ₩90.4B respectively. NeontechLtd's EBIT is ₩6.2B making its interest coverage ratio 1.8. It has cash and short-term investments of ₩35.2B.
Key information
96.8%
Debt to equity ratio
₩60.33b
Debt
| Interest coverage ratio | 1.8x |
| Cash | ₩35.21b |
| Equity | ₩62.34b |
| Total liabilities | ₩90.43b |
| Total assets | ₩152.77b |
Recent financial health updates
Recent updates
Neontech Co.,Ltd. (KOSDAQ:306620) Looks Inexpensive But Perhaps Not Attractive Enough
Oct 29
Is NeontechLtd (KOSDAQ:306620) Using Too Much Debt?
Aug 07Neontech Co.,Ltd.'s (KOSDAQ:306620) Share Price Is Matching Sentiment Around Its Revenues
Apr 17Neontech's (KOSDAQ:306620) Returns On Capital Not Reflecting Well On The Business
Apr 07Financial Position Analysis
Short Term Liabilities: A306620's short term assets (₩79.3B) exceed its short term liabilities (₩72.7B).
Long Term Liabilities: A306620's short term assets (₩79.3B) exceed its long term liabilities (₩17.7B).
Debt to Equity History and Analysis
Debt Level: A306620's net debt to equity ratio (40.3%) is considered high.
Reducing Debt: A306620's debt to equity ratio has increased from 74% to 96.8% 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 A306620 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: A306620 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 38.8% per year.