Korvest Financial Health
Financial Health criteria checks 6/6
Korvest has a total shareholder equity of A$44.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$64.0M and A$19.5M respectively. Korvest's EBIT is A$12.8M making its interest coverage ratio 112.4. It has cash and short-term investments of A$3.3M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | 112.4x |
| Cash | AU$3.26m |
| Equity | AU$44.50m |
| Total liabilities | AU$19.46m |
| Total assets | AU$63.96m |
Recent financial health updates
No updates
Recent updates
We Think Korvest Ltd's (ASX:KOV) CEO Compensation Looks Fair
Oct 15
Korvest's (ASX:KOV) Upcoming Dividend Will Be Larger Than Last Year's
Jul 25Korvest's (ASX:KOV) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 24Should You Be Adding Korvest (ASX:KOV) To Your Watchlist Today?
Dec 03It's Unlikely That Korvest Ltd's (ASX:KOV) CEO Will See A Huge Pay Rise This Year
Oct 15The Return Trends At Korvest (ASX:KOV) Look Promising
Jun 14A Look At The Intrinsic Value Of Korvest Ltd (ASX:KOV)
May 24Should You Or Shouldn't You: A Dividend Analysis on Korvest Ltd (ASX:KOV)
Apr 04Does Korvest (ASX:KOV) Deserve A Spot On Your Watchlist?
Mar 17We Like These Underlying Trends At Korvest (ASX:KOV)
Feb 24What Did Korvest's (ASX:KOV) CEO Take Home Last Year?
Feb 09
A Look At The Intrinsic Value Of Korvest Ltd (ASX:KOV)
Jan 25Is Korvest Ltd's (ASX:KOV) Latest Stock Performance A Reflection Of Its Financial Health?
Jan 12Is Korvest Ltd (ASX:KOV) The Right Choice For A Smart Dividend Investor?
Dec 30Does Korvest (ASX:KOV) Deserve A Spot On Your Watchlist?
Dec 17Is It Too Late To Consider Buying Korvest Ltd (ASX:KOV)?
Dec 04Does Korvest's (ASX:KOV) Statutory Profit Adequately Reflect Its Underlying Profit?
Nov 21The Returns On Capital At Korvest (ASX:KOV) Don't Inspire Confidence
Jul 22Are Korvest's (ASX:KOV) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Jul 07With EPS Growth And More, Korvest (ASX:KOV) Is Interesting
Jun 22Financial Position Analysis
Short Term Liabilities: KOV's short term assets (A$40.2M) exceed its short term liabilities (A$12.3M).
Long Term Liabilities: KOV's short term assets (A$40.2M) exceed its long term liabilities (A$7.2M).
Debt to Equity History and Analysis
Debt Level: KOV is debt free.
Reducing Debt: KOV has not had any debt for past 5 years.
Debt Coverage: KOV has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: KOV has no debt, therefore coverage of interest payments is not a concern.