GRITEE Balance Sheet Health

Financial Health criteria checks 6/6

GRITEE has a total shareholder equity of ₩79.8B and total debt of ₩4.7B, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are ₩112.8B and ₩32.9B respectively. GRITEE's EBIT is ₩11.2B making its interest coverage ratio -20.3. It has cash and short-term investments of ₩22.1B.

Key information

5.9%

Debt to equity ratio

₩4.71b

Debt

Interest coverage ratio-20.3x
Cash₩22.07b
Equity₩79.83b
Total liabilities₩32.94b
Total assets₩112.77b

Recent financial health updates

Recent updates

Shareholders Will Be Pleased With The Quality of GRITEE's (KOSDAQ:204020) Earnings

May 21
Shareholders Will Be Pleased With The Quality of GRITEE's (KOSDAQ:204020) Earnings

Is GRITEE, Inc.'s (KOSDAQ:204020) 1.0% Dividend Worth Your Time?

Mar 19
Is GRITEE, Inc.'s (KOSDAQ:204020) 1.0% Dividend Worth Your Time?

Returns On Capital At GRITEE (KOSDAQ:204020) Paint An Interesting Picture

Feb 12
Returns On Capital At GRITEE (KOSDAQ:204020) Paint An Interesting Picture

Are GRITEE's (KOSDAQ:204020) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Jan 20
Are GRITEE's (KOSDAQ:204020) Statutory Earnings A Good Reflection Of Its Earnings Potential?

GRITEE, Inc. (KOSDAQ:204020) Stock Goes Ex-Dividend In Just Three Days

Dec 25
GRITEE, Inc. (KOSDAQ:204020) Stock Goes Ex-Dividend In Just Three Days

GRITEE (KOSDAQ:204020) Seems To Use Debt Rather Sparingly

Dec 16
GRITEE (KOSDAQ:204020) Seems To Use Debt Rather Sparingly

Is GRITEE, Inc. (KOSDAQ:204020) A Smart Pick For Income Investors?

Nov 25
Is GRITEE, Inc. (KOSDAQ:204020) A Smart Pick For Income Investors?

Financial Position Analysis

Short Term Liabilities: A204020's short term assets (₩98.4B) exceed its short term liabilities (₩31.4B).

Long Term Liabilities: A204020's short term assets (₩98.4B) exceed its long term liabilities (₩1.5B).


Debt to Equity History and Analysis

Debt Level: A204020 has more cash than its total debt.

Reducing Debt: A204020's debt to equity ratio has reduced from 17.6% to 5.9% over the past 5 years.

Debt Coverage: A204020's debt is well covered by operating cash flow (308.2%).

Interest Coverage: A204020 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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