CG MedTechLtd Balance Sheet Health
Financial Health criteria checks 5/6
CG MedTechLtd has a total shareholder equity of ₩69.8B and total debt of ₩1.9B, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are ₩87.1B and ₩17.3B respectively. CG MedTechLtd's EBIT is ₩2.6B making its interest coverage ratio 16.3. It has cash and short-term investments of ₩24.8B.
Key information
2.7%
Debt to equity ratio
₩1.90b
Debt
| Interest coverage ratio | 16.3x |
| Cash | ₩24.76b |
| Equity | ₩69.82b |
| Total liabilities | ₩17.27b |
| Total assets | ₩87.10b |
Financial Position Analysis
Short Term Liabilities: A056090's short term assets (₩43.3B) exceed its short term liabilities (₩7.5B).
Long Term Liabilities: A056090's short term assets (₩43.3B) exceed its long term liabilities (₩9.7B).
Debt to Equity History and Analysis
Debt Level: A056090 has more cash than its total debt.
Reducing Debt: A056090's debt to equity ratio has reduced from 71.4% to 2.7% over the past 5 years.
Debt Coverage: A056090's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: A056090's interest payments on its debt are well covered by EBIT (16.3x coverage).