Powernet Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Powernet Technologies has a total shareholder equity of ₩93.7B and total debt of ₩19.5B, which brings its debt-to-equity ratio to 20.8%. Its total assets and total liabilities are ₩148.3B and ₩54.6B respectively. Powernet Technologies's EBIT is ₩7.1B making its interest coverage ratio 6.5. It has cash and short-term investments of ₩39.5B.
Key information
20.8%
Debt to equity ratio
₩19.48b
Debt
Interest coverage ratio | 6.5x |
Cash | ₩39.54b |
Equity | ₩93.67b |
Total liabilities | ₩54.65b |
Total assets | ₩148.31b |
Recent financial health updates
Recent updates
Can Powernet Technologies Corporation (KOSDAQ:037030) Performance Keep Up Given Its Mixed Bag Of Fundamentals?
Mar 16We Wouldn't Rely On Powernet Technologies' (KOSDAQ:037030) Statutory Earnings As A Guide
Feb 09Did Powernet Technologies' (KOSDAQ:037030) Share Price Deserve to Gain 42%?
Jan 14Is Powernet Technologies (KOSDAQ:037030) Using Too Much Debt?
Dec 24Powernet Technologies Corporation (KOSDAQ:037030) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
Dec 03Financial Position Analysis
Short Term Liabilities: A037030's short term assets (₩80.7B) exceed its short term liabilities (₩52.9B).
Long Term Liabilities: A037030's short term assets (₩80.7B) exceed its long term liabilities (₩1.7B).
Debt to Equity History and Analysis
Debt Level: A037030 has more cash than its total debt.
Reducing Debt: A037030's debt to equity ratio has reduced from 34.1% to 20.8% over the past 5 years.
Debt Coverage: A037030's debt is well covered by operating cash flow (131.7%).
Interest Coverage: A037030's interest payments on its debt are well covered by EBIT (6.5x coverage).