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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 12:09 |
| End of Day Share Price | 2024/12/20 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| 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
GRITEE, Inc. is covered by 2 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 |
|---|---|
| Sang-Hun Lee | iM Securities |
| Dongguen Kang | Yuanta Securities Korea Co., Ltd. |