Gaonchips Balance Sheet Health
Financial Health criteria checks 5/6
Gaonchips has a total shareholder equity of ₩62.0B and total debt of ₩4.1B, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are ₩94.6B and ₩32.6B respectively. Gaonchips's EBIT is ₩4.4B making its interest coverage ratio -3.5. It has cash and short-term investments of ₩33.4B.
Key information
6.5%
Debt to equity ratio
₩4.06b
Debt
Interest coverage ratio | -3.5x |
Cash | ₩33.41b |
Equity | ₩62.02b |
Total liabilities | ₩32.59b |
Total assets | ₩94.61b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: A399720's short term assets (₩64.4B) exceed its short term liabilities (₩24.8B).
Long Term Liabilities: A399720's short term assets (₩64.4B) exceed its long term liabilities (₩7.8B).
Debt to Equity History and Analysis
Debt Level: A399720 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if A399720's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: A399720's debt is well covered by operating cash flow (139.5%).
Interest Coverage: A399720 earns more interest than it pays, so coverage of interest payments is not a concern.