Gaonchips Balance Sheet Health
Financial Health criteria checks 5/6
Gaonchips has a total shareholder equity of ₩61.8B and total debt of ₩4.1B, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are ₩105.7B and ₩44.0B respectively. Gaonchips's EBIT is ₩4.4B making its interest coverage ratio -4.9. It has cash and short-term investments of ₩42.7B.
Key information
6.6%
Debt to equity ratio
₩4.09b
Debt
| Interest coverage ratio | -4.9x |
| Cash | ₩42.72b |
| Equity | ₩61.77b |
| Total liabilities | ₩43.96b |
| Total assets | ₩105.73b |
Recent financial health updates
Does Gaonchips (KOSDAQ:399720) Have A Healthy Balance Sheet?
Jun 01
These 4 Measures Indicate That Gaonchips (KOSDAQ:399720) Is Using Debt Reasonably Well
Feb 26Recent updates
If EPS Growth Is Important To You, Gaonchips (KOSDAQ:399720) Presents An Opportunity
Jul 18Does Gaonchips (KOSDAQ:399720) Have A Healthy Balance Sheet?
Jun 01Here's What To Make Of Gaonchips' (KOSDAQ:399720) Decelerating Rates Of Return
May 10Gaonchips (KOSDAQ:399720) Is Posting Solid Earnings, But It Is Not All Good News
Mar 25These 4 Measures Indicate That Gaonchips (KOSDAQ:399720) Is Using Debt Reasonably Well
Feb 26Financial Position Analysis
Short Term Liabilities: A399720's short term assets (₩73.2B) exceed its short term liabilities (₩36.7B).
Long Term Liabilities: A399720's short term assets (₩73.2B) exceed its long term liabilities (₩7.3B).
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 (411.4%).
Interest Coverage: A399720 earns more interest than it pays, so coverage of interest payments is not a concern.