IREMLtd Balance Sheet Health
Financial Health criteria checks 4/6
IREMLtd has a total shareholder equity of ₩27.9B and total debt of ₩7.8B, which brings its debt-to-equity ratio to 28%. Its total assets and total liabilities are ₩45.5B and ₩17.6B respectively. IREMLtd's EBIT is ₩1.9B making its interest coverage ratio 1.9. It has cash and short-term investments of ₩12.7B.
Key information
28.0%
Debt to equity ratio
₩7.82b
Debt
Interest coverage ratio | 1.9x |
Cash | ₩12.73b |
Equity | ₩27.92b |
Total liabilities | ₩17.59b |
Total assets | ₩45.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A009730's short term assets (₩38.2B) exceed its short term liabilities (₩16.3B).
Long Term Liabilities: A009730's short term assets (₩38.2B) exceed its long term liabilities (₩1.3B).
Debt to Equity History and Analysis
Debt Level: A009730 has more cash than its total debt.
Reducing Debt: A009730's debt to equity ratio has reduced from 54.3% to 28% over the past 5 years.
Debt Coverage: A009730's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: A009730's interest payments on its debt are not well covered by EBIT (1.9x coverage).