INCAR FINANCIAL SERVICE Balance Sheet Health
Financial Health criteria checks 4/6
INCAR FINANCIAL SERVICE has a total shareholder equity of ₩96.7B and total debt of ₩54.3B, which brings its debt-to-equity ratio to 56.1%. Its total assets and total liabilities are ₩497.3B and ₩400.6B respectively. INCAR FINANCIAL SERVICE's EBIT is ₩46.6B making its interest coverage ratio 6.4. It has cash and short-term investments of ₩45.1B.
Key information
56.1%
Debt to equity ratio
₩54.32b
Debt
| Interest coverage ratio | 6.4x |
| Cash | ₩45.13b |
| Equity | ₩96.75b |
| Total liabilities | ₩400.58b |
| Total assets | ₩497.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A211050's short term assets (₩428.7B) exceed its short term liabilities (₩333.3B).
Long Term Liabilities: A211050's short term assets (₩428.7B) exceed its long term liabilities (₩67.3B).
Debt to Equity History and Analysis
Debt Level: A211050's net debt to equity ratio (9.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if A211050's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: A211050's debt is not well covered by operating cash flow (16%).
Interest Coverage: A211050's interest payments on its debt are well covered by EBIT (6.4x coverage).