Corentec Balance Sheet Health
Financial Health criteria checks 4/6
Corentec has a total shareholder equity of ₩87.6B and total debt of ₩41.6B, which brings its debt-to-equity ratio to 47.5%. Its total assets and total liabilities are ₩187.1B and ₩99.5B respectively. Corentec's EBIT is ₩7.0B making its interest coverage ratio 1.9. It has cash and short-term investments of ₩21.9B.
Key information
47.5%
Debt to equity ratio
₩41.57b
Debt
| Interest coverage ratio | 1.9x |
| Cash | ₩21.87b |
| Equity | ₩87.59b |
| Total liabilities | ₩99.53b |
| Total assets | ₩187.13b |
Recent financial health updates
Recent updates
These 4 Measures Indicate That Corentec (KOSDAQ:104540) Is Using Debt Reasonably Well
May 09
Returns On Capital Are Showing Encouraging Signs At Corentec (KOSDAQ:104540)
Mar 31Corentec Co., Ltd.'s (KOSDAQ:104540) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Feb 15Should You Use Corentec's (KOSDAQ:104540) Statutory Earnings To Analyse It?
Dec 24Financial Position Analysis
Short Term Liabilities: A104540's short term assets (₩115.5B) exceed its short term liabilities (₩91.9B).
Long Term Liabilities: A104540's short term assets (₩115.5B) exceed its long term liabilities (₩7.6B).
Debt to Equity History and Analysis
Debt Level: A104540's net debt to equity ratio (22.5%) is considered satisfactory.
Reducing Debt: A104540's debt to equity ratio has reduced from 99.4% to 47.5% over the past 5 years.
Debt Coverage: A104540's debt is not well covered by operating cash flow (6.3%).
Interest Coverage: A104540's interest payments on its debt are not well covered by EBIT (1.9x coverage).