Creative & Innovative System Balance Sheet Health
Financial Health criteria checks 5/6
Creative & Innovative System has a total shareholder equity of ₩287.8B and total debt of ₩18.9B, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are ₩619.5B and ₩331.7B respectively. Creative & Innovative System's EBIT is ₩59.7B making its interest coverage ratio 1153.9. It has cash and short-term investments of ₩86.4B.
Key information
6.6%
Debt to equity ratio
₩18.86b
Debt
| Interest coverage ratio | 1153.9x |
| Cash | ₩86.39b |
| Equity | ₩287.77b |
| Total liabilities | ₩331.70b |
| Total assets | ₩619.47b |
Recent financial health updates
No updates
Recent updates
Creative & Innovative System (KOSDAQ:222080) Is Very Good At Capital Allocation
Jun 11
Statutory Earnings May Not Be The Best Way To Understand Creative & Innovative System's (KOSDAQ:222080) True Position
Mar 28Creative & Innovative System Corporation's (KOSDAQ:222080) 32% Jump Shows Its Popularity With Investors
Mar 05Financial Position Analysis
Short Term Liabilities: A222080's short term assets (₩506.7B) exceed its short term liabilities (₩327.9B).
Long Term Liabilities: A222080's short term assets (₩506.7B) exceed its long term liabilities (₩3.9B).
Debt to Equity History and Analysis
Debt Level: A222080 has more cash than its total debt.
Reducing Debt: A222080's debt to equity ratio has reduced from 49% to 6.6% over the past 5 years.
Debt Coverage: A222080's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: A222080's interest payments on its debt are well covered by EBIT (1153.9x coverage).