Ranix Balance Sheet Health
Financial Health criteria checks 3/6
Ranix has a total shareholder equity of ₩7.2B and total debt of ₩16.7B, which brings its debt-to-equity ratio to 230.8%. Its total assets and total liabilities are ₩26.2B and ₩18.9B respectively.
Key information
230.8%
Debt to equity ratio
₩16.71b
Debt
| Interest coverage ratio | n/a |
| Cash | ₩5.87b |
| Equity | ₩7.24b |
| Total liabilities | ₩18.92b |
| Total assets | ₩26.16b |
Recent financial health updates
Does Ranix (KOSDAQ:317120) Have A Healthy Balance Sheet?
Nov 15
Here's Why Ranix (KOSDAQ:317120) Can Afford Some Debt
Jul 16Ranix (KOSDAQ:317120) Is Making Moderate Use Of Debt
Mar 04Ranix (KOSDAQ:317120) Is Carrying A Fair Bit Of Debt
Apr 14Ranix (KOSDAQ:317120) Is Carrying A Fair Bit Of Debt
Dec 24
Recent updates
Does Ranix (KOSDAQ:317120) Have A Healthy Balance Sheet?
Nov 15Here's Why Ranix (KOSDAQ:317120) Can Afford Some Debt
Jul 16Ranix (KOSDAQ:317120) Is Making Moderate Use Of Debt
Mar 04Ranix (KOSDAQ:317120) Is Carrying A Fair Bit Of Debt
Apr 14If You Had Bought Ranix (KOSDAQ:317120) Stock A Year Ago, You Could Pocket A 67% Gain Today
Feb 17Ranix (KOSDAQ:317120) Is Carrying A Fair Bit Of Debt
Dec 24Financial Position Analysis
Short Term Liabilities: A317120's short term assets (₩8.8B) exceed its short term liabilities (₩6.2B).
Long Term Liabilities: A317120's short term assets (₩8.8B) do not cover its long term liabilities (₩12.7B).
Debt to Equity History and Analysis
Debt Level: A317120's net debt to equity ratio (149.7%) is considered high.
Reducing Debt: Insufficient data to determine if A317120's debt to equity ratio has reduced 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: A317120 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: A317120 has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 10.1% each year.