NOROO PAINT & COATINGS Balance Sheet Health
Financial Health criteria checks 6/6
NOROO PAINT & COATINGS has a total shareholder equity of ₩392.6B and total debt of ₩54.9B, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are ₩694.3B and ₩301.6B respectively. NOROO PAINT & COATINGS's EBIT is ₩44.8B making its interest coverage ratio 55.1. It has cash and short-term investments of ₩63.4B.
Key information
14.0%
Debt to equity ratio
₩54.94b
Debt
| Interest coverage ratio | 55.1x |
| Cash | ₩63.42b |
| Equity | ₩392.64b |
| Total liabilities | ₩301.64b |
| Total assets | ₩694.28b |
Recent financial health updates
Recent updates
There Is A Reason NOROO PAINT & COATINGS Co., Ltd.'s (KRX:090350) Price Is Undemanding
Aug 12
NOROO PAINT & COATINGS' (KRX:090350) Performance Is Even Better Than Its Earnings Suggest
Mar 28Read This Before Buying NOROO PAINT & COATINGS Co., Ltd. (KRX:090350) For Its Dividend
May 06Is NOROO PAINT & COATINGS (KRX:090350) Likely To Turn Things Around?
Mar 15If You Had Bought NOROO PAINT & COATINGS (KRX:090350) Shares A Year Ago You'd Have Earned 39% Returns
Feb 26These 4 Measures Indicate That NOROO PAINT & COATINGS (KRX:090350) Is Using Debt Reasonably Well
Feb 11How Many NOROO PAINT & COATINGS Co., Ltd. (KRX:090350) Shares Do Institutions Own?
Jan 27How Does NOROO PAINT & COATINGS Co., Ltd. (KRX:090350) Fare As A Dividend Stock?
Jan 12NOROO PAINT & COATINGS Co., Ltd. (KRX:090350) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
Dec 24What Is NOROO PAINT & COATINGS Co., Ltd.'s (KRX:090350) Share Price Doing?
Dec 17
Estimating The Fair Value Of NOROO PAINT & COATINGS Co., Ltd. (KRX:090350)
Dec 04Should We Be Excited About The Trends Of Returns At NOROO PAINT & COATINGS (KRX:090350)?
Nov 19Financial Position Analysis
Short Term Liabilities: A090350's short term assets (₩335.8B) exceed its short term liabilities (₩221.6B).
Long Term Liabilities: A090350's short term assets (₩335.8B) exceed its long term liabilities (₩80.1B).
Debt to Equity History and Analysis
Debt Level: A090350 has more cash than its total debt.
Reducing Debt: A090350's debt to equity ratio has reduced from 43.1% to 14% over the past 5 years.
Debt Coverage: A090350's debt is well covered by operating cash flow (90.4%).
Interest Coverage: A090350's interest payments on its debt are well covered by EBIT (55.1x coverage).