COWAY Balance Sheet Health
Financial Health criteria checks 6/6
COWAY has a total shareholder equity of ₩2,637.8B and total debt of ₩1,269.0B, which brings its debt-to-equity ratio to 48.1%. Its total assets and total liabilities are ₩4,851.0B and ₩2,213.2B respectively. COWAY's EBIT is ₩731.3B making its interest coverage ratio 15.1. It has cash and short-term investments of ₩263.7B.
Key information
48.1%
Debt to equity ratio
₩1.27t
Debt
| Interest coverage ratio | 15.1x |
| Cash | ₩263.70b |
| Equity | ₩2.64t |
| Total liabilities | ₩2.21t |
| Total assets | ₩4.85t |
Recent financial health updates
COWAY (KRX:021240) Seems To Use Debt Quite Sensibly
Mar 01
Is COWAY (KRX:021240) A Risky Investment?
Dec 01Recent updates
Some 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 (₩1,591.6B) exceed its short term liabilities (₩1,509.0B).
Long Term Liabilities: A021240's short term assets (₩1,591.6B) exceed its long term liabilities (₩704.2B).
Debt to Equity History and Analysis
Debt Level: A021240's net debt to equity ratio (38.1%) is considered satisfactory.
Reducing Debt: A021240's debt to equity ratio has reduced from 68.2% to 48.1% over the past 5 years.
Debt Coverage: A021240's debt is well covered by operating cash flow (35.4%).
Interest Coverage: A021240's interest payments on its debt are well covered by EBIT (15.1x coverage).