Wave Electronics Balance Sheet Health
Financial Health criteria checks 6/6
Wave Electronics has a total shareholder equity of ₩59.4B and total debt of ₩2.4B, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are ₩92.0B and ₩32.6B respectively. Wave Electronics's EBIT is ₩5.2B making its interest coverage ratio -28. It has cash and short-term investments of ₩11.3B.
Key information
4.1%
Debt to equity ratio
₩2.42b
Debt
| Interest coverage ratio | -28x |
| Cash | ₩11.32b |
| Equity | ₩59.39b |
| Total liabilities | ₩32.59b |
| Total assets | ₩91.98b |
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 (₩67.6B) exceed its short term liabilities (₩28.7B).
Long Term Liabilities: A095270's short term assets (₩67.6B) exceed its long term liabilities (₩3.8B).
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 116.5% to 4.1% over the past 5 years.
Debt Coverage: A095270's debt is well covered by operating cash flow (138.3%).
Interest Coverage: A095270 earns more interest than it pays, so coverage of interest payments is not a concern.