STX, a South Korean company, is facing financial difficulties due to sustained losses, leading to concerns about the sustainability of the company. The company’s borrowing dependency ratio stands at 50.1%, significantly higher than the healthy level of 30%, and its net borrowing ratio is at 228.5%, over ten times the healthy standard of 20%. Despite the private equity fund APC Mercury’s high evaluation of STX’s business potential, the continuous losses and financial deterioration have led to disappointing results, making it difficult to sell the remaining stakes or recover the investment.
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Auto-posted at: 2025-05-28 21:02:42