Haesung Optics Balance Sheet Health
Financial Health criteria checks 3/6
Haesung Optics has a total shareholder equity of ₩42.2B and total debt of ₩45.9B, which brings its debt-to-equity ratio to 108.8%. Its total assets and total liabilities are ₩113.6B and ₩71.5B respectively. Haesung Optics's EBIT is ₩4.1B making its interest coverage ratio 1.3. It has cash and short-term investments of ₩16.6B.
Key information
108.8%
Debt to equity ratio
₩45.87b
Debt
| Interest coverage ratio | 1.3x |
| Cash | ₩16.60b |
| Equity | ₩42.18b |
| Total liabilities | ₩71.47b |
| Total assets | ₩113.65b |
Financial Position Analysis
Short Term Liabilities: A076610's short term assets (₩43.4B) do not cover its short term liabilities (₩53.7B).
Long Term Liabilities: A076610's short term assets (₩43.4B) exceed its long term liabilities (₩17.8B).
Debt to Equity History and Analysis
Debt Level: A076610's net debt to equity ratio (69.4%) is considered high.
Reducing Debt: A076610's debt to equity ratio has increased from 67.6% to 108.8% 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: 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 20.8% per year.