Wave Electronics Balance Sheet Health
Financial Health criteria checks 6/6
Wave Electronics has a total shareholder equity of ₩57.4B and total debt of ₩2.3B, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are ₩88.1B and ₩30.7B respectively. Wave Electronics's EBIT is ₩3.2B making its interest coverage ratio -19.1. It has cash and short-term investments of ₩9.8B.
Key information
4.0%
Debt to equity ratio
₩2.31b
Debt
| Interest coverage ratio | -19.1x |
| Cash | ₩9.81b |
| Equity | ₩57.42b |
| Total liabilities | ₩30.67b |
| Total assets | ₩88.09b |
Recent financial health updates
Wave Electronics (KOSDAQ:095270) Seems To Use Debt Quite Sensibly
Jul 22
Does Wave Electronics (KOSDAQ:095270) Have A Healthy Balance Sheet?
Jan 21Recent updates
Calculating The Intrinsic Value Of Wave Electronics Co., Ltd. (KOSDAQ:095270)
Aug 13Wave Electronics (KOSDAQ:095270) Seems To Use Debt Quite Sensibly
Jul 22Some Confidence Is Lacking In Wave Electronics Co., Ltd.'s (KOSDAQ:095270) P/S
Jun 28Does Wave Electronics (KOSDAQ:095270) Have A Healthy Balance Sheet?
Jan 21Wave Electronics' (KOSDAQ:095270) Shareholders Are Down 78% On Their Shares
Nov 30Financial Position Analysis
Short Term Liabilities: A095270's short term assets (₩63.3B) exceed its short term liabilities (₩26.5B).
Long Term Liabilities: A095270's short term assets (₩63.3B) exceed its long term liabilities (₩4.2B).
Debt to Equity History and Analysis
Debt Level: A095270 has more cash than its total debt.
Reducing Debt: A095270's debt to equity ratio has reduced from 160.2% to 4% over the past 5 years.
Debt Coverage: A095270's debt is well covered by operating cash flow (248.1%).
Interest Coverage: A095270 earns more interest than it pays, so coverage of interest payments is not a concern.