COWAY Balance Sheet Health
Financial Health criteria checks 5/6
COWAY has a total shareholder equity of ₩2,822.0B and total debt of ₩1,271.6B, which brings its debt-to-equity ratio to 45.1%. Its total assets and total liabilities are ₩5,090.3B and ₩2,268.3B respectively. COWAY's EBIT is ₩766.4B making its interest coverage ratio 15. It has cash and short-term investments of ₩117.7B.
Key information
45.1%
Debt to equity ratio
₩1.27t
Debt
| Interest coverage ratio | 15x |
| Cash | ₩117.66b |
| Equity | ₩2.82t |
| Total liabilities | ₩2.27t |
| Total assets | ₩5.09t |
Recent financial health updates
Is COWAY (KRX:021240) Using Too Much Debt?
Aug 29
Is COWAY (KRX:021240) A Risky Investment?
May 09COWAY (KRX:021240) Seems To Use Debt Quite Sensibly
Mar 01Is COWAY (KRX:021240) A Risky Investment?
Dec 01Recent updates
Returns On Capital At COWAY (KRX:021240) Paint A Concerning Picture
Nov 18Improved Earnings Required Before COWAY Co., Ltd. (KRX:021240) Shares Find Their Feet
Sep 16Is COWAY (KRX:021240) Using Too Much Debt?
Aug 29COWAY (KRX:021240) Could Be Struggling To Allocate Capital
Aug 14Is COWAY Co., Ltd. (KRX:021240) Trading At A 47% Discount?
Jul 15COWAY Co., Ltd.'s (KRX:021240) Earnings Are Not Doing Enough For Some Investors
May 27Is COWAY (KRX:021240) A Risky Investment?
May 09Some Investors May Be Worried About COWAY's (KRX:021240) Returns On Capital
Apr 03Does This Valuation Of COWAY Co., Ltd. (KRX:021240) Imply Investors Are Overpaying?
Apr 15Is Weakness In COWAY Co., Ltd. (KRX:021240) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
Mar 16COWAY (KRX:021240) Seems To Use Debt Quite Sensibly
Mar 01Is COWAY (KRX:021240) A Compounding Machine?
Feb 14What Type Of Returns Would COWAY's(KRX:021240) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Jan 30Calculating The Intrinsic Value Of COWAY Co., Ltd. (KRX:021240)
Jan 15
What Kind Of Investors Own Most Of COWAY Co., Ltd. (KRX:021240)?
Dec 31COWAY Co., Ltd.'s (KRX:021240) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
Dec 16Is COWAY (KRX:021240) A Risky Investment?
Dec 01Financial Position Analysis
Short Term Liabilities: A021240's short term assets (₩1,539.2B) exceed its short term liabilities (₩1,522.3B).
Long Term Liabilities: A021240's short term assets (₩1,539.2B) exceed its long term liabilities (₩746.0B).
Debt to Equity History and Analysis
Debt Level: A021240's net debt to equity ratio (40.9%) is considered high.
Reducing Debt: A021240's debt to equity ratio has reduced from 77.1% to 45.1% over the past 5 years.
Debt Coverage: A021240's debt is well covered by operating cash flow (34.2%).
Interest Coverage: A021240's interest payments on its debt are well covered by EBIT (15x coverage).