Haesung Optics Balance Sheet Health
Financial Health criteria checks 4/6
Haesung Optics has a total shareholder equity of ₩43.4B and total debt of ₩36.1B, which brings its debt-to-equity ratio to 83.1%. Its total assets and total liabilities are ₩116.1B and ₩72.7B respectively. Haesung Optics's EBIT is ₩2.5B making its interest coverage ratio 1.3. It has cash and short-term investments of ₩10.0B.
Key information
83.1%
Debt to equity ratio
₩36.10b
Debt
Interest coverage ratio | 1.3x |
Cash | ₩10.03b |
Equity | ₩43.42b |
Total liabilities | ₩72.68b |
Total assets | ₩116.10b |
Financial Position Analysis
Short Term Liabilities: A076610's short term assets (₩45.5B) do not cover its short term liabilities (₩55.8B).
Long Term Liabilities: A076610's short term assets (₩45.5B) exceed its long term liabilities (₩16.9B).
Debt to Equity History and Analysis
Debt Level: A076610's net debt to equity ratio (60%) is considered high.
Reducing Debt: A076610's debt to equity ratio has reduced from 165.9% to 83.1% 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: Whilst unprofitable A076610 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: A076610 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 11.4% per year.