Model Solution Balance Sheet Health
Financial Health criteria checks 6/6
Model Solution has a total shareholder equity of ₩63.2B and total debt of ₩11.4B, which brings its debt-to-equity ratio to 18%. Its total assets and total liabilities are ₩86.0B and ₩22.8B respectively. Model Solution's EBIT is ₩30.2M making its interest coverage ratio -0. It has cash and short-term investments of ₩37.0B.
Key information
18.0%
Debt to equity ratio
₩11.40b
Debt
| Interest coverage ratio | -0.03x |
| Cash | ₩37.01b |
| Equity | ₩63.21b |
| Total liabilities | ₩22.80b |
| Total assets | ₩86.00b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: A417970's short term assets (₩59.6B) exceed its short term liabilities (₩20.3B).
Long Term Liabilities: A417970's short term assets (₩59.6B) exceed its long term liabilities (₩2.5B).
Debt to Equity History and Analysis
Debt Level: A417970 has more cash than its total debt.
Reducing Debt: A417970's debt to equity ratio has reduced from 59.9% to 18% over the past 5 years.
Debt Coverage: A417970's debt is well covered by operating cash flow (60.8%).
Interest Coverage: A417970 earns more interest than it pays, so coverage of interest payments is not a concern.