Great Rich Technologies Balance Sheet Health
Financial Health criteria checks 2/6
Great Rich Technologies has a total shareholder equity of ₩873.3B and total debt of ₩523.3B, which brings its debt-to-equity ratio to 59.9%. Its total assets and total liabilities are ₩1,532.3B and ₩659.0B respectively. Great Rich Technologies's EBIT is ₩127.0B making its interest coverage ratio 8.5. It has cash and short-term investments of ₩71.5B.
Key information
59.9%
Debt to equity ratio
₩523.34b
Debt
| Interest coverage ratio | 8.5x |
| Cash | ₩71.50b |
| Equity | ₩873.32b |
| Total liabilities | ₩658.98b |
| Total assets | ₩1.53t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: A900290's short term assets (₩425.7B) exceed its short term liabilities (₩219.9B).
Long Term Liabilities: A900290's short term assets (₩425.7B) do not cover its long term liabilities (₩439.0B).
Debt to Equity History and Analysis
Debt Level: A900290's net debt to equity ratio (51.7%) is considered high.
Reducing Debt: A900290's debt to equity ratio has increased from 4.8% to 59.9% over the past 5 years.
Debt Coverage: A900290's debt is not well covered by operating cash flow (2.6%).
Interest Coverage: A900290's interest payments on its debt are well covered by EBIT (8.5x coverage).