NOVAREXLtd Balance Sheet Health
Financial Health criteria checks 5/6
NOVAREXLtd has a total shareholder equity of ₩200.4B and total debt of ₩23.4B, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are ₩264.7B and ₩64.3B respectively. NOVAREXLtd's EBIT is ₩25.5B making its interest coverage ratio 28. It has cash and short-term investments of ₩30.7B.
Key information
11.7%
Debt to equity ratio
₩23.35b
Debt
| Interest coverage ratio | 28x |
| Cash | ₩30.70b |
| Equity | ₩200.42b |
| Total liabilities | ₩64.32b |
| Total assets | ₩264.73b |
Recent financial health updates
Recent updates
Impressive Earnings May Not Tell The Whole Story For NOVAREXLtd (KOSDAQ:194700)
Mar 31
Should 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 (₩121.9B) exceed its short term liabilities (₩60.1B).
Long Term Liabilities: A194700's short term assets (₩121.9B) exceed its long term liabilities (₩4.3B).
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 increased from 0% to 11.7% over the past 5 years.
Debt Coverage: A194700's debt is well covered by operating cash flow (108.4%).
Interest Coverage: A194700's interest payments on its debt are well covered by EBIT (28x coverage).