RingNet Co., Ltd.

KOSDAQ:A042500 Stock Report

Market Cap: ₩79.3b

RingNet Balance Sheet Health

Financial Health criteria checks 6/6

RingNet has a total shareholder equity of ₩104.7B and total debt of ₩0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₩134.7B and ₩30.1B respectively. RingNet's EBIT is ₩17.1B making its interest coverage ratio -7. It has cash and short-term investments of ₩38.7B.

Key information

0%

Debt to equity ratio

₩0

Debt

Interest coverage ratio-7x
Cash₩38.71b
Equity₩104.65b
Total liabilities₩30.08b
Total assets₩134.73b

Recent financial health updates

Does RingNet (KOSDAQ:042500) Have A Healthy Balance Sheet?

Apr 19
Does RingNet (KOSDAQ:042500) Have A Healthy Balance Sheet?

Recent updates

Concerns Surrounding RingNet's (KOSDAQ:042500) Performance

Nov 26
Concerns Surrounding RingNet's (KOSDAQ:042500) Performance

Should You Be Adding RingNet (KOSDAQ:042500) To Your Watchlist Today?

Nov 12
Should You Be Adding RingNet (KOSDAQ:042500) To Your Watchlist Today?

Improved Earnings Required Before RingNet Co., Ltd. (KOSDAQ:042500) Stock's 26% Jump Looks Justified

Apr 13
Improved Earnings Required Before RingNet Co., Ltd. (KOSDAQ:042500) Stock's 26% Jump Looks Justified

Shareholders Can Be Confident That RingNet's (KOSDAQ:042500) Earnings Are High Quality

Mar 21
Shareholders Can Be Confident That RingNet's (KOSDAQ:042500) Earnings Are High Quality

RingNet's (KOSDAQ:042500) Returns On Capital Are Heading Higher

Mar 18
RingNet's (KOSDAQ:042500) Returns On Capital Are Heading Higher

RingNet Co., Ltd. (KOSDAQ:042500) Surges 38% Yet Its Low P/E Is No Reason For Excitement

Feb 28
RingNet Co., Ltd. (KOSDAQ:042500) Surges 38% Yet Its Low P/E Is No Reason For Excitement

RingNet (KOSDAQ:042500) Is Doing The Right Things To Multiply Its Share Price

May 07
RingNet (KOSDAQ:042500) Is Doing The Right Things To Multiply Its Share Price

Does RingNet (KOSDAQ:042500) Have A Healthy Balance Sheet?

Apr 19
Does RingNet (KOSDAQ:042500) Have A Healthy Balance Sheet?

Do RingNet's (KOSDAQ:042500) Earnings Warrant Your Attention?

Apr 01
Do RingNet's (KOSDAQ:042500) Earnings Warrant Your Attention?

RingNet Co., Ltd.'s (KOSDAQ:042500) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?

Mar 14
RingNet Co., Ltd.'s (KOSDAQ:042500) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?

If You Had Bought RingNet (KOSDAQ:042500) Shares Five Years Ago You'd Have Earned 61% Returns

Feb 15
If You Had Bought RingNet (KOSDAQ:042500) Shares Five Years Ago You'd Have Earned 61% Returns

We're Watching These Trends At RingNet (KOSDAQ:042500)

Jan 25
We're Watching These Trends At RingNet (KOSDAQ:042500)

Does RingNet's (KOSDAQ:042500) Statutory Profit Adequately Reflect Its Underlying Profit?

Jan 04
Does RingNet's (KOSDAQ:042500) Statutory Profit Adequately Reflect Its Underlying Profit?

RingNet Co., Ltd.'s (KOSDAQ:042500) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

Dec 13
RingNet Co., Ltd.'s (KOSDAQ:042500) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

Financial Position Analysis

Short Term Liabilities: A042500's short term assets (₩89.2B) exceed its short term liabilities (₩30.0B).

Long Term Liabilities: A042500's short term assets (₩89.2B) exceed its long term liabilities (₩105.7M).

Debt to Equity History and Analysis

Debt Level: A042500 is debt free.

Reducing Debt: A042500 has no debt compared to 5 years ago when its debt to equity ratio was 6.9%.

Debt Coverage: A042500 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: A042500 has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 10:58
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

RingNet Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution