NOVAREX Co.,Ltd.

KOSDAQ:A194700 Stock Report

Market Cap: ₩132.8b

NOVAREXLtd Balance Sheet Health

Financial Health criteria checks 6/6

NOVAREXLtd has a total shareholder equity of ₩211.3B and total debt of ₩30.0B, which brings its debt-to-equity ratio to 14.2%. Its total assets and total liabilities are ₩287.4B and ₩76.0B respectively. NOVAREXLtd's EBIT is ₩22.1B making its interest coverage ratio 24.2. It has cash and short-term investments of ₩26.4B.

Key information

14.2%

Debt to equity ratio

₩30.00b

Debt

Interest coverage ratio24.2x
Cash₩26.40b
Equity₩211.33b
Total liabilities₩76.05b
Total assets₩287.38b

Recent financial health updates

Does NOVAREXLtd (KOSDAQ:194700) Have A Healthy Balance Sheet?

Nov 13
Does NOVAREXLtd (KOSDAQ:194700) Have A Healthy Balance Sheet?

Is NOVAREXLtd (KOSDAQ:194700) Using Too Much Debt?

Aug 12
Is NOVAREXLtd (KOSDAQ:194700) Using Too Much Debt?

NOVAREXLtd (KOSDAQ:194700) Seems To Use Debt Quite Sensibly

Feb 21
NOVAREXLtd (KOSDAQ:194700) Seems To Use Debt Quite Sensibly

Recent updates

The Returns On Capital At NOVAREXLtd (KOSDAQ:194700) Don't Inspire Confidence

Dec 16
The Returns On Capital At NOVAREXLtd (KOSDAQ:194700) Don't Inspire Confidence

Why Investors Shouldn't Be Surprised By NOVAREX Co.,Ltd.'s (KOSDAQ:194700) 31% Share Price Plunge

Nov 14
Why Investors Shouldn't Be Surprised By NOVAREX Co.,Ltd.'s (KOSDAQ:194700) 31% Share Price Plunge

Does NOVAREXLtd (KOSDAQ:194700) Have A Healthy Balance Sheet?

Nov 13
Does NOVAREXLtd (KOSDAQ:194700) Have A Healthy Balance Sheet?

Is NOVAREXLtd (KOSDAQ:194700) Using Too Much Debt?

Aug 12
Is NOVAREXLtd (KOSDAQ:194700) Using Too Much Debt?

NOVAREXLtd (KOSDAQ:194700) Has More To Do To Multiply In Value Going Forward

May 22
NOVAREXLtd (KOSDAQ:194700) Has More To Do To Multiply In Value Going Forward

Impressive Earnings May Not Tell The Whole Story For NOVAREXLtd (KOSDAQ:194700)

Mar 31
Impressive Earnings May Not Tell The Whole Story For NOVAREXLtd (KOSDAQ:194700)

Should You Be Impressed By NOVAREXLtd's (KOSDAQ:194700) Returns on Capital?

Mar 09
Should You Be Impressed By NOVAREXLtd's (KOSDAQ:194700) Returns on Capital?

NOVAREXLtd (KOSDAQ:194700) Seems To Use Debt Quite Sensibly

Feb 21
NOVAREXLtd (KOSDAQ:194700) Seems To Use Debt Quite Sensibly

NOVAREXLtd's (KOSDAQ:194700) Earnings Are Growing But Is There More To The Story?

Feb 08
NOVAREXLtd's (KOSDAQ:194700) Earnings Are Growing But Is There More To The Story?

Here's Why I Think NOVAREXLtd (KOSDAQ:194700) Might Deserve Your Attention Today

Jan 26
Here's Why I Think NOVAREXLtd (KOSDAQ:194700) Might Deserve Your Attention Today

Is NOVAREX Co.,Ltd.'s (KOSDAQ:194700) Stock's Recent Performance A Reflection Of Its Financial Health?

Jan 14
Is NOVAREX Co.,Ltd.'s (KOSDAQ:194700) Stock's Recent Performance A Reflection Of Its Financial Health?

Is NOVAREX Co.,Ltd.'s (KOSDAQ:194700) Shareholder Ownership Skewed Towards Insiders?

Jan 02
Is NOVAREX Co.,Ltd.'s (KOSDAQ:194700) Shareholder Ownership Skewed Towards Insiders?

Would NOVAREX Co.,Ltd. (KOSDAQ:194700) Be Valuable To Income Investors?

Dec 22
Would NOVAREX Co.,Ltd. (KOSDAQ:194700) Be Valuable To Income Investors?

Is NOVAREX Co.,Ltd. (KOSDAQ:194700) Potentially Undervalued?

Dec 07
Is NOVAREX Co.,Ltd. (KOSDAQ:194700) Potentially Undervalued?

Did NOVAREXLtd's (KOSDAQ:194700) Share Price Deserve to Gain 90%?

Nov 24
Did NOVAREXLtd's (KOSDAQ:194700) Share Price Deserve to Gain 90%?

Financial Position Analysis

Short Term Liabilities: A194700's short term assets (₩140.5B) exceed its short term liabilities (₩72.6B).

Long Term Liabilities: A194700's short term assets (₩140.5B) exceed its long term liabilities (₩3.5B).

Debt to Equity History and Analysis

Debt Level: A194700's net debt to equity ratio (1.7%) is considered satisfactory.

Reducing Debt: A194700's debt to equity ratio has reduced from 18.7% to 14.2% over the past 5 years.

Debt Coverage: A194700's debt is well covered by operating cash flow (68.3%).

Interest Coverage: A194700's interest payments on its debt are well covered by EBIT (24.2x coverage).

Balance Sheet

Discover healthy companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/01 23:38
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

NOVAREX Co.,Ltd. is covered by 7 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kyung-rae HanDaishin Securities Co. Ltd.
null nullDBS Bank Ltd
Jongsun ParkEugene Investment & Securities Co Ltd.