Virnect Balance Sheet Health
Financial Health criteria checks 5/6
Virnect has a total shareholder equity of ₩35.3B and total debt of ₩6.5B, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are ₩46.8B and ₩11.5B respectively.
Key information
18.4%
Debt to equity ratio
₩6.50b
Debt
| Interest coverage ratio | n/a |
| Cash | ₩22.60b |
| Equity | ₩35.32b |
| Total liabilities | ₩11.53b |
| Total assets | ₩46.85b |
Financial Position Analysis
Short Term Liabilities: A438700's short term assets (₩25.0B) exceed its short term liabilities (₩8.7B).
Long Term Liabilities: A438700's short term assets (₩25.0B) exceed its long term liabilities (₩2.9B).
Debt to Equity History and Analysis
Debt Level: A438700 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if A438700'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: A438700 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: A438700 has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 21.4% each year.