Codes Combine Balance Sheet Health
Financial Health criteria checks 6/6
Codes Combine has a total shareholder equity of ₩66.0B and total debt of ₩5.9B, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are ₩85.5B and ₩19.6B respectively. Codes Combine's EBIT is ₩2.9B making its interest coverage ratio -2.1. It has cash and short-term investments of ₩29.4B.
Key information
8.9%
Debt to equity ratio
₩5.88b
Debt
| Interest coverage ratio | -2.1x |
| Cash | ₩29.42b |
| Equity | ₩65.97b |
| Total liabilities | ₩19.55b |
| Total assets | ₩85.53b |
Recent financial health updates
Recent updates
Investors Will Want Codes Combine's (KOSDAQ:047770) Growth In ROCE To Persist
Mar 31
Here's Why Codes Combine (KOSDAQ:047770) Can Manage Its Debt Responsibly
Mar 04Codes Combine Co., Ltd.'s (KOSDAQ:047770) Stock Is Going Strong: Is the Market Following Fundamentals?
Feb 06Does Codes Combine's (KOSDAQ:047770) Statutory Profit Adequately Reflect Its Underlying Profit?
Jan 16Here’s What’s Happening With Returns At Codes Combine (KOSDAQ:047770)
Dec 29
Codes Combine's (KOSDAQ:047770) Shareholders Are Down 15% On Their Shares
Dec 08Financial Position Analysis
Short Term Liabilities: A047770's short term assets (₩40.4B) exceed its short term liabilities (₩12.2B).
Long Term Liabilities: A047770's short term assets (₩40.4B) exceed its long term liabilities (₩7.4B).
Debt to Equity History and Analysis
Debt Level: A047770 has more cash than its total debt.
Reducing Debt: A047770's debt to equity ratio has reduced from 26.7% to 8.9% over the past 5 years.
Debt Coverage: A047770's debt is well covered by operating cash flow (86.2%).
Interest Coverage: A047770 earns more interest than it pays, so coverage of interest payments is not a concern.