GRITEE Balance Sheet Health
Financial Health criteria checks 6/6
GRITEE has a total shareholder equity of ₩83.0B and total debt of ₩4.2B, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are ₩111.7B and ₩28.7B respectively. GRITEE's EBIT is ₩11.6B making its interest coverage ratio -19.1. It has cash and short-term investments of ₩27.1B.
Key information
5.0%
Debt to equity ratio
₩4.16b
Debt
| Interest coverage ratio | -19.1x |
| Cash | ₩27.07b |
| Equity | ₩83.04b |
| Total liabilities | ₩28.67b |
| Total assets | ₩111.71b |
Recent financial health updates
Recent updates
Shareholders Will Be Pleased With The Quality of GRITEE's (KOSDAQ:204020) Earnings
May 21
Is GRITEE, Inc.'s (KOSDAQ:204020) 1.0% Dividend Worth Your Time?
Mar 19Returns On Capital At GRITEE (KOSDAQ:204020) Paint An Interesting Picture
Feb 12
Are GRITEE's (KOSDAQ:204020) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Jan 20GRITEE, Inc. (KOSDAQ:204020) Stock Goes Ex-Dividend In Just Three Days
Dec 25GRITEE (KOSDAQ:204020) Seems To Use Debt Rather Sparingly
Dec 16Is GRITEE, Inc. (KOSDAQ:204020) A Smart Pick For Income Investors?
Nov 25Financial Position Analysis
Short Term Liabilities: A204020's short term assets (₩98.1B) exceed its short term liabilities (₩27.6B).
Long Term Liabilities: A204020's short term assets (₩98.1B) exceed its long term liabilities (₩1.0B).
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 7.4% to 5% over the past 5 years.
Debt Coverage: A204020's debt is well covered by operating cash flow (164.7%).
Interest Coverage: A204020 earns more interest than it pays, so coverage of interest payments is not a concern.