Virnect Balance Sheet Health
Financial Health criteria checks 5/6
Virnect has a total shareholder equity of ₩41.6B and total debt of ₩6.6B, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are ₩53.3B and ₩11.6B respectively.
Key information
15.9%
Debt to equity ratio
₩6.60b
Debt
Interest coverage ratio | n/a |
Cash | ₩33.15b |
Equity | ₩41.63b |
Total liabilities | ₩11.65b |
Total assets | ₩53.27b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A438700's short term assets (₩35.2B) exceed its short term liabilities (₩4.1B).
Long Term Liabilities: A438700's short term assets (₩35.2B) exceed its long term liabilities (₩7.5B).
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 3 years based on its current free cash flow.
Forecast Cash Runway: A438700 has sufficient cash runway for 2.3 years if free cash flow continues to reduce at historical rates of 28.4% each year.