CoAsia Balance Sheet Health
Financial Health criteria checks 3/6
CoAsia has a total shareholder equity of ₩141.6B and total debt of ₩131.9B, which brings its debt-to-equity ratio to 93.1%. Its total assets and total liabilities are ₩356.0B and ₩214.4B respectively.
Key information
93.1%
Debt to equity ratio
₩131.91b
Debt
| Interest coverage ratio | n/a |
| Cash | ₩60.79b |
| Equity | ₩141.65b |
| Total liabilities | ₩214.37b |
| Total assets | ₩356.02b |
Recent financial health updates
Health Check: How Prudently Does CoAsia (KOSDAQ:045970) Use Debt?
Sep 10
Here's Why CoAsia (KOSDAQ:045970) Can Afford Some Debt
Apr 30We Think CoAsia (KOSDAQ:045970) Has A Fair Chunk Of Debt
Apr 10Recent updates
Risks Still Elevated At These Prices As CoAsia Corporation (KOSDAQ:045970) Shares Dive 26%
Sep 20Health Check: How Prudently Does CoAsia (KOSDAQ:045970) Use Debt?
Sep 10Risks Still Elevated At These Prices As CoAsia Corporation (KOSDAQ:045970) Shares Dive 31%
Aug 05CoAsia Corporation (KOSDAQ:045970) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected
May 28Here's Why CoAsia (KOSDAQ:045970) Can Afford Some Debt
Apr 30CoAsia Corporation's (KOSDAQ:045970) Shares Climb 33% But Its Business Is Yet to Catch Up
Mar 07We Think CoAsia (KOSDAQ:045970) Has A Fair Chunk Of Debt
Apr 10CoAsia Corporation's (KOSDAQ:045970) 0.7% Dividend Yield Looks Pretty Interesting
Mar 06CoAsia Corporation's (KOSDAQ:045970) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Feb 08Financial Position Analysis
Short Term Liabilities: A045970's short term assets (₩151.3B) do not cover its short term liabilities (₩188.7B).
Long Term Liabilities: A045970's short term assets (₩151.3B) exceed its long term liabilities (₩25.6B).
Debt to Equity History and Analysis
Debt Level: A045970's net debt to equity ratio (50.2%) is considered high.
Reducing Debt: A045970's debt to equity ratio has increased from 83.9% to 93.1% 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: A045970 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: A045970 has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 12.5% each year.