JOONGANG ADVANCED MATERIALS Balance Sheet Health
Financial Health criteria checks 2/6
JOONGANG ADVANCED MATERIALS has a total shareholder equity of ₩51.1B and total debt of ₩76.9B, which brings its debt-to-equity ratio to 150.3%. Its total assets and total liabilities are ₩135.0B and ₩83.9B respectively.
Key information
150.3%
Debt to equity ratio
₩76.85b
Debt
| Interest coverage ratio | n/a |
| Cash | ₩26.56b |
| Equity | ₩51.12b |
| Total liabilities | ₩83.86b |
| Total assets | ₩134.98b |
Recent financial health updates
No updates
Recent updates
Revenues Not Telling The Story For JOONGANG ADVANCED MATERIALS Co., Ltd (KOSDAQ:051980) After Shares Rise 193%
Jun 17
JOONGANG ADVANCED MATERIALS Co., Ltd's (KOSDAQ:051980) Shares Climb 32% But Its Business Is Yet to Catch Up
Apr 11JOONGANG ADVANCED MATERIALS (KOSDAQ:051980) Is Looking To Continue Growing Its Returns On Capital
Apr 01JOONGANG ADVANCED MATERIALS Co., Ltd's (KOSDAQ:051980) Shares Climb 37% But Its Business Is Yet to Catch Up
Feb 26Investors Who Bought CentralBio (KOSDAQ:051980) Shares A Year Ago Are Now Up 369%
Dec 18Financial Position Analysis
Short Term Liabilities: A051980's short term assets (₩73.4B) exceed its short term liabilities (₩64.3B).
Long Term Liabilities: A051980's short term assets (₩73.4B) exceed its long term liabilities (₩19.5B).
Debt to Equity History and Analysis
Debt Level: A051980's net debt to equity ratio (98.4%) is considered high.
Reducing Debt: A051980's debt to equity ratio has increased from 25.4% to 150.3% 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: A051980 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: A051980 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 42.9% each year