NOVAREXLtd Balance Sheet Health
Financial Health criteria checks 6/6
NOVAREXLtd has a total shareholder equity of ₩207.9B and total debt of ₩20.0B, which brings its debt-to-equity ratio to 9.6%. Its total assets and total liabilities are ₩280.6B and ₩72.7B respectively. NOVAREXLtd's EBIT is ₩24.2B making its interest coverage ratio 26.6. It has cash and short-term investments of ₩26.0B.
Key information
9.6%
Debt to equity ratio
₩20.00b
Debt
| Interest coverage ratio | 26.6x |
| Cash | ₩26.00b |
| Equity | ₩207.87b |
| Total liabilities | ₩72.69b |
| Total assets | ₩280.56b |
Recent financial health updates
Does NOVAREXLtd (KOSDAQ:194700) Have A Healthy Balance Sheet?
Nov 13
Is NOVAREXLtd (KOSDAQ:194700) Using Too Much Debt?
Aug 12NOVAREXLtd (KOSDAQ:194700) Seems To Use Debt Quite Sensibly
Feb 21Recent updates
Why Investors Shouldn't Be Surprised By NOVAREX Co.,Ltd.'s (KOSDAQ:194700) 31% Share Price Plunge
Nov 14Does NOVAREXLtd (KOSDAQ:194700) Have A Healthy Balance Sheet?
Nov 13Is NOVAREXLtd (KOSDAQ:194700) Using Too Much Debt?
Aug 12NOVAREXLtd (KOSDAQ:194700) Has More To Do To Multiply In Value Going Forward
May 22Impressive Earnings May Not Tell The Whole Story For NOVAREXLtd (KOSDAQ:194700)
Mar 31Should You Be Impressed By NOVAREXLtd's (KOSDAQ:194700) Returns on Capital?
Mar 09NOVAREXLtd (KOSDAQ:194700) Seems To Use Debt Quite Sensibly
Feb 21NOVAREXLtd's (KOSDAQ:194700) Earnings Are Growing But Is There More To The Story?
Feb 08
Here's Why I Think NOVAREXLtd (KOSDAQ:194700) Might Deserve Your Attention Today
Jan 26Is NOVAREX Co.,Ltd.'s (KOSDAQ:194700) Stock's Recent Performance A Reflection Of Its Financial Health?
Jan 14Is NOVAREX Co.,Ltd.'s (KOSDAQ:194700) Shareholder Ownership Skewed Towards Insiders?
Jan 02Would NOVAREX Co.,Ltd. (KOSDAQ:194700) Be Valuable To Income Investors?
Dec 22Is NOVAREX Co.,Ltd. (KOSDAQ:194700) Potentially Undervalued?
Dec 07Did NOVAREXLtd's (KOSDAQ:194700) Share Price Deserve to Gain 90%?
Nov 24Financial Position Analysis
Short Term Liabilities: A194700's short term assets (₩136.3B) exceed its short term liabilities (₩68.7B).
Long Term Liabilities: A194700's short term assets (₩136.3B) exceed its long term liabilities (₩4.0B).
Debt to Equity History and Analysis
Debt Level: A194700 has more cash than its total debt.
Reducing Debt: A194700's debt to equity ratio has reduced from 15.9% to 9.6% over the past 5 years.
Debt Coverage: A194700's debt is well covered by operating cash flow (126.8%).
Interest Coverage: A194700's interest payments on its debt are well covered by EBIT (26.6x coverage).