NOROO PAINT & COATINGS Balance Sheet Health
Financial Health criteria checks 6/6
NOROO PAINT & COATINGS has a total shareholder equity of ₩374.3B and total debt of ₩81.0B, which brings its debt-to-equity ratio to 21.6%. Its total assets and total liabilities are ₩668.6B and ₩294.4B respectively. NOROO PAINT & COATINGS's EBIT is ₩42.1B making its interest coverage ratio 29.6. It has cash and short-term investments of ₩90.2B.
Key information
21.6%
Debt to equity ratio
₩80.96b
Debt
| Interest coverage ratio | 29.6x |
| Cash | ₩90.25b |
| Equity | ₩374.28b |
| Total liabilities | ₩294.35b |
| Total assets | ₩668.63b |
Recent financial health updates
Recent updates
NOROO PAINT & COATINGS' (KRX:090350) Performance Is Even Better Than Its Earnings Suggest
Mar 28
Read 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 (₩318.1B) exceed its short term liabilities (₩209.2B).
Long Term Liabilities: A090350's short term assets (₩318.1B) exceed its long term liabilities (₩85.1B).
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 39.5% to 21.6% over the past 5 years.
Debt Coverage: A090350's debt is well covered by operating cash flow (75.3%).
Interest Coverage: A090350's interest payments on its debt are well covered by EBIT (29.6x coverage).