NOROO PAINT & COATINGS Balance Sheet Health
Financial Health criteria checks 6/6
NOROO PAINT & COATINGS has a total shareholder equity of ₩376.7B and total debt of ₩64.6B, which brings its debt-to-equity ratio to 17.2%. Its total assets and total liabilities are ₩663.8B and ₩287.1B respectively. NOROO PAINT & COATINGS's EBIT is ₩45.3B making its interest coverage ratio 42. It has cash and short-term investments of ₩64.6B.
Key information
17.2%
Debt to equity ratio
₩64.64b
Debt
Interest coverage ratio | 42x |
Cash | ₩64.62b |
Equity | ₩376.74b |
Total liabilities | ₩287.11b |
Total assets | ₩663.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A090355's short term assets (₩312.9B) exceed its short term liabilities (₩206.0B).
Long Term Liabilities: A090355's short term assets (₩312.9B) exceed its long term liabilities (₩81.1B).
Debt to Equity History and Analysis
Debt Level: A090355's net debt to equity ratio (0.01%) is considered satisfactory.
Reducing Debt: A090355's debt to equity ratio has reduced from 45.6% to 17.2% over the past 5 years.
Debt Coverage: A090355's debt is well covered by operating cash flow (99.3%).
Interest Coverage: A090355's interest payments on its debt are well covered by EBIT (42x coverage).