Creative & Innovative System Corporation

KOSDAQ:A222080 Stock Report

Market Cap: ₩610.4b

Creative & Innovative System Balance Sheet Health

Financial Health criteria checks 5/6

Creative & Innovative System has a total shareholder equity of ₩312.6B and total debt of ₩8.5B, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are ₩627.5B and ₩314.9B respectively. Creative & Innovative System's EBIT is ₩80.1B making its interest coverage ratio 1549.4. It has cash and short-term investments of ₩73.3B.

Key information

2.7%

Debt to equity ratio

₩8.53b

Debt

Interest coverage ratio1549.4x
Cash₩73.31b
Equity₩312.59b
Total liabilities₩314.88b
Total assets₩627.47b

Recent financial health updates

Recent updates

Is Creative & Innovative System (KOSDAQ:222080) Using Too Much Debt?

Nov 10
Is Creative & Innovative System (KOSDAQ:222080) Using Too Much Debt?

Under The Bonnet, Creative & Innovative System's (KOSDAQ:222080) Returns Look Impressive

Oct 14
Under The Bonnet, Creative & Innovative System's (KOSDAQ:222080) Returns Look Impressive

Creative & Innovative System Corporation (KOSDAQ:222080) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected

Sep 04
Creative & Innovative System Corporation (KOSDAQ:222080) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected

Creative & Innovative System (KOSDAQ:222080) Is Very Good At Capital Allocation

Jun 11
Creative & Innovative System (KOSDAQ:222080) Is Very Good At Capital Allocation

Statutory Earnings May Not Be The Best Way To Understand Creative & Innovative System's (KOSDAQ:222080) True Position

Mar 28
Statutory Earnings May Not Be The Best Way To Understand Creative & Innovative System's (KOSDAQ:222080) True Position

Creative & Innovative System Corporation's (KOSDAQ:222080) 32% Jump Shows Its Popularity With Investors

Mar 05
Creative & Innovative System Corporation's (KOSDAQ:222080) 32% Jump Shows Its Popularity With Investors

Financial Position Analysis

Short Term Liabilities: A222080's short term assets (₩512.0B) exceed its short term liabilities (₩309.8B).

Long Term Liabilities: A222080's short term assets (₩512.0B) exceed its long term liabilities (₩5.1B).


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 45.6% to 2.7% 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 (1549.4x coverage).


Balance Sheet


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