GRITEE Balance Sheet Health
Financial Health criteria checks 6/6
GRITEE has a total shareholder equity of ₩75.7B and total debt of ₩3.0B, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are ₩94.0B and ₩18.2B respectively. GRITEE's EBIT is ₩11.1B making its interest coverage ratio -34.5. It has cash and short-term investments of ₩22.2B.
Key information
4.0%
Debt to equity ratio
₩3.00b
Debt
| Interest coverage ratio | -34.5x |
| Cash | ₩22.18b |
| Equity | ₩75.71b |
| Total liabilities | ₩18.25b |
| Total assets | ₩93.96b |
Recent financial health updates
Recent updates
Is GRITEE, Inc.'s (KOSDAQ:204020) 1.0% Dividend Worth Your Time?
Mar 19
Returns 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 (₩80.0B) exceed its short term liabilities (₩16.5B).
Long Term Liabilities: A204020's short term assets (₩80.0B) exceed its long term liabilities (₩1.7B).
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 13.2% to 4% over the past 5 years.
Debt Coverage: A204020's debt is well covered by operating cash flow (458.9%).
Interest Coverage: A204020 earns more interest than it pays, so coverage of interest payments is not a concern.