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WEBTOON Entertainment (WBTN) Financials

WBTN NASDAQ
Trailing 12 months to June 30, 2026
Revenue $1.4B -0.5% YoY
Net Income -$343.9M n/m YoY
EPS (Diluted) -$2.63 n/m YoY
Free Cash Flow -$4.0M n/m YoY
Market Cap $1.2B as of Oct 30, 2026
Price / Sales 0.9x on $1.4B revenue, trailing 12 months to June 30, 2026
Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026
Price / Book 1.0x on $1.2B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 30, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 10, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the WBTN SEC filings page.

WEBTOON Entertainment Inc. (WBTN) reported $1.4B in revenue over the twelve months to Jun 30, 2026, down 0.5% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI WBTN FY2025

WEBTOON’s revenue is still growing, but rising costs and a much larger net loss keep the model dependent on operating improvement.

In FY2025, the operating loss narrowed to $63.5M while SG&A fell 12.3% from FY2024. Yet the net loss widened to $345.9M, so the deterioration was not explained by administrative spending alone and arose below operating income.

Revenue increased 2.5% in FY2025 while cost of revenue rose 5.1%, indicating expenses grew faster than sales. Gross margin then fell 1.8 pp, so the pressure reached the economics of each dollar sold rather than staying confined to overhead.

Operating cash flow remained positive at $11.2M, but free cash flow was only $3.6M after reinvestment, showing limited cash conversion. Meanwhile, total assets fell 17.6% and goodwill fell 49.4%, while a 2.6x current ratio and liabilities at 23.0% of assets indicate a balance sheet less strained than the earnings profile.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity CashFlow Returns 47 / 100
Financial Health Score 47/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of WEBTOON Entertainment Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability
32

WEBTOON Entertainment Inc. has an operating margin of -4.6%, meaning the company loses $5 on every $100 of revenue. This results in a profitability score of 32/100. This is up from -7.5% the prior year.

Growth
44

WEBTOON Entertainment Inc.'s revenue grew a modest 2.5% year-over-year to $1.4B. This slow but positive growth earns a score of 44/100.

Leverage
69
Liquidity
73

With a current ratio of 2.61, WEBTOON Entertainment Inc. holds $2.61 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 73/100.

Cash Flow
29

WEBTOON Entertainment Inc.'s free cash flow margin of 0.3% results in a low score of 29/100. Capital expenditures of $7.6M absorb a large share of operating cash flow.

Returns
36

WEBTOON Entertainment Inc. posts a -29.5% return on equity (ROE), meaning it loses $30 for every $100 of shareholders' equity. This results in a returns score of 36/100. This is down from -9.8% the prior year.

Altman Z-Score Grey Zone
2.34

WEBTOON Entertainment Inc. scores 2.34, placing it in the grey zone between 1.81 and 2.99. The largest contribution to the score comes from a market capitalization of $1.2B against total liabilities of $367.2M. This signals moderate financial risk that warrants monitoring.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial
3/8

WEBTOON Entertainment Inc. passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 operating efficiency signals passes.

Earnings Quality Mixed
N/A

WEBTOON Entertainment Inc. reported a net loss of $345.9M while generating $11.2M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Interest Coverage At Risk
N/A

WEBTOON Entertainment Inc. reported an operating loss of $63.5M against $56K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue
$338.5M
YoY-2.8%
QoQ+5.5%

WEBTOON Entertainment Inc. generated $338.5M in revenue in Q2 2026. This represents a decrease of 2.8% from the same quarter a year earlier. Against the prior quarter it is up 5.5%.

EBITDA
-$8.2M
YoYn/m
QoQn/m

WEBTOON Entertainment Inc.'s EBITDA was -$8.2M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.

Net Income
-$15.2M
YoYn/m
QoQn/m

WEBTOON Entertainment Inc. reported a net loss of $15.2M in Q2 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.

EPS (Diluted)
-$0.11
YoYn/m
QoQn/m

WEBTOON Entertainment Inc. earned -$0.11 per diluted share (EPS) in Q2 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.

Cash & Balance Sheet

Free Cash Flow
-$7.9M
YoY-299.6%
QoQn/m

WEBTOON Entertainment Inc. recorded an outflow of $7.9M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 299.6% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.

Cash & Debt
$583.1M
YoY+0.3%
QoQ-2.0%

WEBTOON Entertainment Inc. held $583.1M in cash as of Q2 2026; no long-term debt figure is on record for that period.

Shares Outstanding
136M
YoY+3.9%
QoQ+0.4%

WEBTOON Entertainment Inc. had 136M shares outstanding in Q2 2026. This represents an increase of 3.9% from the same quarter a year earlier. Against the prior quarter it is up 0.4%.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin
26.0%
YoY+1.0pp
QoQ+0.2pp

WEBTOON Entertainment Inc.'s gross margin was 26.0% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 1.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.2 percentage points.

Operating Margin
-4.6%
YoY-2.1pp
QoQ-2.1pp

WEBTOON Entertainment Inc.'s operating margin was -4.6% in Q2 2026, reflecting core business profitability. This is down 2.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.1 percentage points.

Net Margin
-4.5%
YoY-3.3pp
QoQ-1.6pp

WEBTOON Entertainment Inc.'s net profit margin was -4.5% in Q2 2026, showing the share of revenue converted to profit. This is down 3.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.6 percentage points.

Return on Equity
-1.3%
YoY-1.0pp
QoQ-0.5pp

WEBTOON Entertainment Inc.'s quarterly ROE was -1.3% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is down 1.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.5 percentage points.

Capital Allocation

Capital Expenditures
$1.6M
YoY-8.3%
QoQ-48.7%

WEBTOON Entertainment Inc. invested $1.6M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 8.3% from the same quarter a year earlier. Against the prior quarter it is down 48.7%.

R&D Spending

Not reported for Q2 2026.

Share Buybacks

Not reported for Q2 2026.

WBTN Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

WBTN quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Revenue$338.5M-2.8%$320.9M-1.5%$330.7M-6.3%$378.0M+8.7%$348.3M+8.5%$325.7M-0.3%$352.8M$347.9M+9.5%
Cost of Revenue$250.3M-4.1%$237.8M-6.4%$250.2M-7.5%$295.3M+15.1%$261.0M+9.7%$254.1M+4.0%$270.6M$256.5M+4.4%
Gross Profit$88.1M+1.0%$83.0M+16.0%$80.5M-2.1%$82.8M-9.4%$87.3M+5.1%$71.6M-13.1%$82.3M$91.4M+26.7%
SG&A Expenses$103.7M+8.0%$91.1M-7.3%$93.8M-14.8%$97.7M-1.8%$96.0M-40.8%$98.2M+44.1%$110.0M$99.5M+26.2%
Operating Income-$15.6Mn/m-$8.0Mn/m-$13.2Mn/m-$14.9Mn/m-$8.8Mn/m-$26.6M-287.7%-$27.7M-$8.1Mn/m
EBITDA-$8.2Mn/m-$33Kn/m-$2.6Mn/m-$6.9M-461.7%-$356Kn/m-$18.2M-178.4%-$15.6M$1.9M-21.1%
Interest Expense$17K+750.0%$17K+750.0%$50K+4900.0%$2Kn/m$2K-81.8%$2K-93.9%$1K$0-100.0%
Income Tax$6.9Mn/m$2.7M+4.9%-$18.4M-472.6%$626Kn/m-$832K-143.6%$2.5M-61.8%$4.9M-$9.9M-266.8%
Net Income-$15.2Mn/m-$9.5Mn/m-$307.6Mn/m-$11.6M-159.0%-$4.3Mn/m-$22.4M-461.6%-$93.0M$19.8Mn/m
EPS (Basic)-$0.11n/m-$0.07n/m-$2.36n/m-$0.09-160.0%-$0.03n/m-$0.17-383.3%-$0.77n/m$0.15n/m
EPS (Diluted)-$0.11n/m-$0.07n/m-$2.36n/m-$0.09-160.0%-$0.03n/m-$0.17-383.3%-$0.77n/m$0.15n/m
Diluted Shares (Avg)135M+3.8%134M+3.1%N/A131M-0.1%130M+18.4%130M+18.3%N/A131M+19.5%

Not reported in any period shown, so not listed: R&D Expenses.

WBTN Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

WBTN quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Total Assets$1.6B-20.9%$1.6B-17.7%$1.6B-17.6%$2.0B-7.0%$2.0B-1.0%$1.9B$1.9B+8.9%$2.1B
Current Assets$846.9M-1.8%$851.0M+3.7%$831.2M-0.6%$842.4M-4.4%$862.0M+4.3%$820.3M$836.4M+69.7%$881.4M
Cash & Equivalents$583.1M+0.3%$594.9M+8.1%$581.8M+1.6%$584.6M-0.2%$581.5M+1.6%$550.1M+151.6%$572.4M+147.0%$585.5M
Short-Term Investments$0n/m$0n/mN/A$0n/m$0n/m$0n/mN/A$0
Accounts Receivable$191.3M+2.4%$182.8M+5.2%$176.8M+4.5%$177.5M$186.8M$173.7M$169.2M-1.5%N/A
Long-Term Investments$0n/m$0n/mN/A$0n/m$0n/m$0n/mN/A$0
Goodwill$328.5M-52.1%$330.8M-50.6%$336.8M-49.4%$678.1M-10.7%$685.7M-7.5%$669.3M-10.9%$665.3M-14.6%$759.7M-8.3%
Total Liabilities$368.6M-10.5%$358.5M-6.7%$367.2M-3.1%$402.9M-2.9%$411.8M-1.6%$384.4M$378.9M-11.7%$415.0M
Current Liabilities$321.6M-5.4%$312.8M+0.2%$318.6M+1.7%$334.3M-5.6%$339.8M-0.7%$312.2M$313.2M-0.9%$354.0M
Non-Current Liabilities$47.1M-34.6%$45.7M-36.6%$48.6M-25.9%$68.7M+12.4%$72.0M-5.5%$72.1M$65.6M-41.9%$61.1M
Long-Term DebtN/AN/AN/AN/AN/AN/A$0-100.0%N/A
Total Equity$1.2B-22.9%$1.2B-19.7%$1.2B-20.5%$1.5B-7.9%$1.5B-0.3%$1.5B$1.5B+17.9%$1.6B
Retained Earnings-$877.8Mn/m-$862.6Mn/m-$853.1Mn/m-$545.6Mn/m-$533.9Mn/m-$529.6M-$507.2Mn/m-$414.2M

Not reported in any period shown, so not listed: Inventory.

WBTN Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

WBTN quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Operating Cash Flow-$6.3M-209.6%-$11.8Mn/m$7.6Mn/m$16.5M+298.8%$5.7Mn/m-$18.7M-178.2%-$8.7M-218.8%$4.1M-91.4%
Depreciation & Amortization$7.3M-12.7%$8.0M-5.2%$10.6M-12.2%$7.9M-20.6%$8.4M-5.7%$8.4M-6.6%$12.1M$10.0M+9.0%
Stock-Based Compensation$12.1M+67.1%$7.6M-58.2%N/A$9.6M-33.4%$7.2M-86.8%$18.3M+1292.3%N/A$14.5M+428.0%
Capital Expenditures$1.6M-8.3%$3.1M+487.3%$635K-41.8%$4.7M+639.3%$1.8M+750.7%$536K+13.6%$1.1M+201.4%$634K+24.1%
Free Cash Flow-$7.9M-299.6%-$15.0Mn/m$7.0Mn/m$11.8M+237.3%$3.9Mn/m-$19.2M-182.1%-$9.7M-240.8%$3.5M-92.6%
Investing Cash Flow-$3.6M-126.0%-$6.7Mn/m-$2.5Mn/m-$10.7Mn/m$13.7M-33.0%-$8.0Mn/m-$6.0Mn/m-$3.9Mn/m
Financing Cash Flow$307K+108.8%$32.7M+39756.1%$59K-70.4%$1.2M-93.3%$147K-100.0%$82Kn/m$199Kn/m$17.6M+651.2%
Dividends Paid$0$280KN/AN/AN/AN/A$100K$0

Not reported in any period shown, so not listed: Share Buybacks.

WBTN Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

WBTN quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Gross Margin26.0%+1.0pp25.9%+3.9pp24.3%+1.0pp21.9%-4.4pp25.1%-0.8pp22.0%-3.2pp23.3%26.3%+3.6pp
Operating Margin-4.6%-2.1pp-2.5%+5.7pp-4.0%+3.9pp-3.9%-1.6pp-2.5%+22.1pp-8.2%-12.5pp-7.8%-2.3%-0.2pp
Net Margin-4.5%-3.3pp-2.9%+3.9pp-93.0%-66.7pp-3.1%-8.8pp-1.2%+22.7pp-6.9%-8.8pp-26.4%5.7%+9.2pp
Return on Equity-1.3%-1.0pp-0.8%+0.7pp-26.3%-20.0pp-0.8%-2.0pp-0.3%+4.8pp-1.5%-6.3%1.2%
Return on Assets-1.0%-0.7pp-0.6%+0.6pp-19.3%-14.5pp-0.6%-1.5pp-0.2%+3.6pp-1.2%-4.8%0.9%
Current Ratio2.63+0.1x2.72+0.1x2.61-0.1x2.520.0x2.54+0.1x2.632.67+1.1x2.49
Debt-to-EquityN/AN/AN/AN/AN/AN/A0.000.0xN/A
Liabilities-to-Equity0.320.0x0.300.0x0.31+0.1x0.270.0x0.270.0x0.260.26-0.1x0.26
Asset Turnover0.210.0x0.200.0x0.210.0x0.190.0x0.170.0x0.170.180.16
FCF Margin-2.3%-3.4pp-4.7%+1.2pp2.1%+4.9pp3.1%+2.1pp1.1%+1.7pp-5.9%-13.1pp-2.8%1.0%-14.0pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.

Company Fiscal year Revenue Net income Net margin Market cap Health score
WEBTOON Entertainment Inc. WBTN FY2025 $1.4B -$345.9M -25.0% $1.2B 47/100
Opera Limited OPRA FY2025 $614.8M $108.3M 17.6% $1.4B 74/100
Upwork Inc. UPWK FY2025 $787.8M $115.4M 14.6% $1.1B 64/100
YELP INC. YELP FY2025 $1.5B $145.6M 9.9% $1.0B 70/100
Weibo Corporation WB FY2025 $1.8B $449.0M 25.6% $1.5B 76/100
Taboola.com Ltd. TBLA FY2025 $1.9B $42.3M 2.2% $936.1M 50/100

Frequently Asked Questions

What is WEBTOON Entertainment Inc.'s annual revenue?

WEBTOON Entertainment Inc. (WBTN) reported $1.4B in total revenue for fiscal year 2025. This represents a 2.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is WEBTOON Entertainment Inc.'s revenue growing?

WEBTOON Entertainment Inc. (WBTN) revenue grew by 2.5% year-over-year, from $1.3B to $1.4B in fiscal year 2025.

Is WEBTOON Entertainment Inc. profitable?

No, WEBTOON Entertainment Inc. (WBTN) reported a net loss of $343.9M over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net loss of $345.9M, with a net profit margin of -25.0%.

WEBTOON Entertainment Inc. (WBTN) reported diluted earnings per share of -$2.66 for fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

WEBTOON Entertainment Inc. (WBTN) had EBITDA of -$28.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

WEBTOON Entertainment Inc. (WBTN) had a gross margin of 23.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

WEBTOON Entertainment Inc. (WBTN) had an operating margin of -4.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

WEBTOON Entertainment Inc. (WBTN) had a net profit margin of -25.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

WEBTOON Entertainment Inc. (WBTN) has a return on equity of -29.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

WEBTOON Entertainment Inc. (WBTN) generated $3.6M in free cash flow during fiscal year 2025. This represents a -76.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

WEBTOON Entertainment Inc. (WBTN) generated $11.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

WEBTOON Entertainment Inc. (WBTN) had $1.6B in total assets as of fiscal year 2025, including both current and long-term assets.

WEBTOON Entertainment Inc. (WBTN) invested $7.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

WEBTOON Entertainment Inc. (WBTN) had 133M shares outstanding as of fiscal year 2025.

WEBTOON Entertainment Inc. (WBTN) had a current ratio of 2.61 as of fiscal year 2025, which is generally considered healthy.

WEBTOON Entertainment Inc. (WBTN) had a liabilities-to-equity ratio of 0.31 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.

WEBTOON Entertainment Inc. (WBTN) had a return on assets of -21.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

WEBTOON Entertainment Inc. (WBTN) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $1.2B as of Oct 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

WEBTOON Entertainment Inc. (WBTN) trades at 0.9x sales, its market capitalization divided by $1.4B revenue, trailing 12 months to June 30, 2026. The market capitalization is $1.2B as of Oct 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

WEBTOON Entertainment Inc. (WBTN) has an Altman Z-Score of 2.34, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

WEBTOON Entertainment Inc. (WBTN) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

WEBTOON Entertainment Inc. (WBTN) reported a net loss of $345.9M while generating $11.2M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

WEBTOON Entertainment Inc. (WBTN) reported an operating loss of $63.5M against $56K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

WEBTOON Entertainment Inc. (WBTN) scores 47 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

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