JOONGANG ADVANCED MATERIALS Balance Sheet Health
Financial Health criteria checks 6/6
JOONGANG ADVANCED MATERIALS has a total shareholder equity of ₩96.7B and total debt of ₩20.8B, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are ₩124.5B and ₩27.8B respectively.
Key information
21.5%
Debt to equity ratio
₩20.76b
Debt
| Interest coverage ratio | n/a |
| Cash | ₩32.72b |
| Equity | ₩96.67b |
| Total liabilities | ₩27.85b |
| Total assets | ₩124.51b |
Recent financial health updates
JOONGANG ADVANCED MATERIALS (KOSDAQ:051980) Has Debt But No Earnings; Should You Worry?
Apr 15
JOONGANG ADVANCED MATERIALS (KOSDAQ:051980) Is Carrying A Fair Bit Of Debt
Nov 11JOONGANG ADVANCED MATERIALS (KOSDAQ:051980) Is Carrying A Fair Bit Of Debt
Jul 23Recent updates
JOONGANG ADVANCED MATERIALS (KOSDAQ:051980) Has Debt But No Earnings; Should You Worry?
Apr 15JOONGANG ADVANCED MATERIALS Co., Ltd's (KOSDAQ:051980) Business Is Trailing The Industry But Its Shares Aren't
Feb 27JOONGANG ADVANCED MATERIALS Co., Ltd (KOSDAQ:051980) May Have Run Too Fast Too Soon With Recent 28% Price Plummet
Nov 22JOONGANG ADVANCED MATERIALS (KOSDAQ:051980) Is Carrying A Fair Bit Of Debt
Nov 11Risks To Shareholder Returns Are Elevated At These Prices For JOONGANG ADVANCED MATERIALS Co., Ltd (KOSDAQ:051980)
Oct 07JOONGANG ADVANCED MATERIALS (KOSDAQ:051980) Is Carrying A Fair Bit Of Debt
Jul 23Revenues Not Telling The Story For JOONGANG ADVANCED MATERIALS Co., Ltd (KOSDAQ:051980) After Shares Rise 193%
Jun 17JOONGANG 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 (₩68.0B) exceed its short term liabilities (₩9.4B).
Long Term Liabilities: A051980's short term assets (₩68.0B) exceed its long term liabilities (₩18.4B).
Debt to Equity History and Analysis
Debt Level: A051980 has more cash than its total debt.
Reducing Debt: A051980's debt to equity ratio has reduced from 32.7% to 21.5% 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: Whilst unprofitable A051980 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: A051980 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 31% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/23 21:03 |
| End of Day Share Price | 2025/04/23 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
JOONGANG ADVANCED MATERIALS Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.