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 ratio | 1549.4x |
Cash | ₩73.31b |
Equity | ₩312.59b |
Total liabilities | ₩314.88b |
Total assets | ₩627.47b |
Recent financial health updates
No updates
Recent updates
Creative & Innovative System (KOSDAQ:222080) Is Very Good At Capital Allocation
Jun 11Statutory 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 (₩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).