Openbase Balance Sheet Health
Financial Health criteria checks 5/6
Openbase has a total shareholder equity of ₩93.4B and total debt of ₩23.2B, which brings its debt-to-equity ratio to 24.8%. Its total assets and total liabilities are ₩160.5B and ₩67.1B respectively. Openbase's EBIT is ₩4.4B making its interest coverage ratio -17. It has cash and short-term investments of ₩22.8B.
Key information
24.8%
Debt to equity ratio
₩23.19b
Debt
| Interest coverage ratio | -17x |
| Cash | ₩22.80b |
| Equity | ₩93.39b |
| Total liabilities | ₩67.09b |
| Total assets | ₩160.48b |
Recent financial health updates
Recent updates
Returns Are Gaining Momentum At Openbase (KOSDAQ:049480)
Aug 13
Earnings Not Telling The Story For Openbase, Inc. (KOSDAQ:049480)
May 04Should You Buy Openbase, Inc. (KOSDAQ:049480) For Its Dividend?
Apr 11Will Openbase (KOSDAQ:049480) Multiply In Value Going Forward?
Mar 09Did Openbase's (KOSDAQ:049480) Share Price Deserve to Gain 42%?
Feb 16Openbase (KOSDAQ:049480) Seems To Use Debt Quite Sensibly
Jan 26
Is Openbase, Inc. (KOSDAQ:049480) An Attractive Dividend Stock?
Jan 04Is Openbase, Inc.'s (KOSDAQ:049480) Stock Price Struggling As A Result Of Its Mixed Financials?
Dec 14Has Openbase (KOSDAQ:049480) Got What It Takes To Become A Multi-Bagger?
Nov 23Financial Position Analysis
Short Term Liabilities: A049480's short term assets (₩84.4B) exceed its short term liabilities (₩50.8B).
Long Term Liabilities: A049480's short term assets (₩84.4B) exceed its long term liabilities (₩16.3B).
Debt to Equity History and Analysis
Debt Level: A049480's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: A049480's debt to equity ratio has reduced from 48.4% to 24.8% over the past 5 years.
Debt Coverage: A049480's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: A049480 earns more interest than it pays, so coverage of interest payments is not a concern.