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
Unpleasant Surprises Could Be In Store For Cheil Grinding Wheel Ind. Co., Ltd.'s (KRX:001560) Shares
Dec 10
Cheil Grinding Wheel Ind. Co., Ltd. (KRX:001560) Is Yielding 2.6% - But Is It A Buy?
Apr 28Cheil 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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 08:58 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Cheil Grinding Wheel Ind. Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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