Korvest Balance Sheet Health
Financial Health criteria checks 6/6
Korvest has a total shareholder equity of A$50.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$75.5M and A$24.6M respectively. Korvest's EBIT is A$17.8M making its interest coverage ratio -206.5. It has cash and short-term investments of A$9.1M.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | -206.5x |
Cash | AU$9.09m |
Equity | AU$50.85m |
Total liabilities | AU$24.65m |
Total assets | AU$75.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KOV's short term assets (A$44.5M) exceed its short term liabilities (A$13.8M).
Long Term Liabilities: KOV's short term assets (A$44.5M) exceed its long term liabilities (A$10.8M).
Debt to Equity History and Analysis
Debt Level: KOV is debt free.
Reducing Debt: KOV had no debt 5 years ago.
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.