Cheil Grinding Wheel Ind Balance Sheet Health
Financial Health criteria checks 6/6
Cheil Grinding Wheel Ind has a total shareholder equity of ₩98.9B and total debt of ₩-300.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₩110.0B and ₩11.2B respectively. Cheil Grinding Wheel Ind's EBIT is ₩6.7B making its interest coverage ratio -7. It has cash and short-term investments of ₩23.6B.
Key information
0%
Debt to equity ratio
-₩300.00
Debt
| Interest coverage ratio | -7x |
| Cash | ₩23.60b |
| Equity | ₩98.85b |
| Total liabilities | ₩11.15b |
| Total assets | ₩110.01b |
Recent financial health updates
Recent updates
Cheil Grinding Wheel Ind. Co., Ltd. (KRX:001560) Is Yielding 2.6% - But Is It A Buy?
Apr 28
Cheil Grinding Wheel Ind's (KRX:001560) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Mar 30A Look At The Intrinsic Value Of Cheil Grinding Wheel Ind. Co., Ltd. (KRX:001560)
Mar 14Should Cheil Grinding Wheel Ind (KRX:001560) Be Disappointed With Their 25% Profit?
Feb 21Should We Be Excited About The Trends Of Returns At Cheil Grinding Wheel Ind (KRX:001560)?
Feb 04
Is Cheil Grinding Wheel Ind (KRX:001560) Using Too Much Debt?
Jan 14Cheil Grinding Wheel Ind. Co., Ltd. (KRX:001560) Will Pay A ₩220 Dividend In Four Days
Dec 24A Look At The Fair Value Of Cheil Grinding Wheel Ind. Co., Ltd. (KRX:001560)
Dec 10Financial Position Analysis
Short Term Liabilities: A001560's short term assets (₩60.8B) exceed its short term liabilities (₩7.9B).
Long Term Liabilities: A001560's short term assets (₩60.8B) exceed its long term liabilities (₩3.2B).
Debt to Equity History and Analysis
Debt Level: A001560 is debt free.
Reducing Debt: A001560 has no debt compared to 5 years ago when its debt to equity ratio was 7.6%.
Debt Coverage: A001560 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: A001560 has no debt, therefore coverage of interest payments is not a concern.