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
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 (₩98.4B) 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.