JOONGANG ADVANCED MATERIALS Balance Sheet Health
Financial Health criteria checks 3/6
JOONGANG ADVANCED MATERIALS has a total shareholder equity of ₩81.3B and total debt of ₩38.9B, which brings its debt-to-equity ratio to 47.8%. Its total assets and total liabilities are ₩128.0B and ₩46.7B respectively.
Key information
47.8%
Debt to equity ratio
₩38.89b
Debt
| Interest coverage ratio | n/a |
| Cash | ₩35.52b |
| Equity | ₩81.35b |
| Total liabilities | ₩46.68b |
| Total assets | ₩128.03b |
Recent financial health updates
JOONGANG ADVANCED MATERIALS (KOSDAQ:051980) Is Carrying A Fair Bit Of Debt
Nov 11
JOONGANG ADVANCED MATERIALS (KOSDAQ:051980) Is Carrying A Fair Bit Of Debt
Jul 23Recent updates
JOONGANG 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 (₩73.3B) exceed its short term liabilities (₩26.9B).
Long Term Liabilities: A051980's short term assets (₩73.3B) exceed its long term liabilities (₩19.8B).
Debt to Equity History and Analysis
Debt Level: A051980's net debt to equity ratio (4.1%) is considered satisfactory.
Reducing Debt: A051980's debt to equity ratio has increased from 18.8% to 47.8% 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 44% each year