Winix Balance Sheet Health
Financial Health criteria checks 3/6
Winix has a total shareholder equity of ₩211.8B and total debt of ₩96.7B, which brings its debt-to-equity ratio to 45.7%. Its total assets and total liabilities are ₩383.1B and ₩171.3B respectively. Winix's EBIT is ₩9.2B making its interest coverage ratio 1.5. It has cash and short-term investments of ₩21.1B.
Key information
45.7%
Debt to equity ratio
₩96.74b
Debt
| Interest coverage ratio | 1.5x |
| Cash | ₩21.10b |
| Equity | ₩211.79b |
| Total liabilities | ₩171.32b |
| Total assets | ₩383.11b |
Recent financial health updates
Recent updates
Here's Why Winix (KOSDAQ:044340) Has A Meaningful Debt Burden
Sep 10
Unpleasant Surprises Could Be In Store For Winix Inc.'s (KOSDAQ:044340) Shares
Jul 05Winix's (KOSDAQ:044340) Promising Earnings May Rest On Soft Foundations
Mar 28Winix (KOSDAQ:044340) Shareholders Booked A 91% Gain In The Last Three Years
Dec 17
Financial Position Analysis
Short Term Liabilities: A044340's short term assets (₩183.2B) exceed its short term liabilities (₩155.8B).
Long Term Liabilities: A044340's short term assets (₩183.2B) exceed its long term liabilities (₩15.5B).
Debt to Equity History and Analysis
Debt Level: A044340's net debt to equity ratio (35.7%) is considered satisfactory.
Reducing Debt: A044340's debt to equity ratio has increased from 17.5% to 45.7% over the past 5 years.
Debt Coverage: A044340's debt is not well covered by operating cash flow (17.1%).
Interest Coverage: A044340's interest payments on its debt are not well covered by EBIT (1.5x coverage).