Innox Balance Sheet Health
Financial Health criteria checks 4/6
Innox has a total shareholder equity of ₩235.6B and total debt of ₩51.7B, which brings its debt-to-equity ratio to 22%. Its total assets and total liabilities are ₩338.1B and ₩102.4B respectively. Innox's EBIT is ₩4.9B making its interest coverage ratio 1.7. It has cash and short-term investments of ₩78.1B.
Key information
22.0%
Debt to equity ratio
₩51.74b
Debt
| Interest coverage ratio | 1.7x |
| Cash | ₩78.06b |
| Equity | ₩235.64b |
| Total liabilities | ₩102.43b |
| Total assets | ₩338.07b |
Recent financial health updates
These 4 Measures Indicate That Innox (KOSDAQ:088390) Is Using Debt Extensively
Apr 24
These 4 Measures Indicate That Innox (KOSDAQ:088390) Is Using Debt Reasonably Well
Mar 01Does Innox (KOSDAQ:088390) Have A Healthy Balance Sheet?
Nov 23
Recent updates
These 4 Measures Indicate That Innox (KOSDAQ:088390) Is Using Debt Extensively
Apr 24Innox Corporation's (KOSDAQ:088390) Shares May Have Run Too Fast Too Soon
Apr 03Robust Earnings May Not Tell The Whole Story For Innox (KOSDAQ:088390)
Mar 27These 4 Measures Indicate That Innox (KOSDAQ:088390) Is Using Debt Reasonably Well
Mar 01Innox (KOSDAQ:088390) Shareholders Have Enjoyed An Impressive 105% Share Price Gain
Jan 25Here's What We Make Of Innox's (KOSDAQ:088390) Returns On Capital
Dec 21Does Innox (KOSDAQ:088390) Have A Healthy Balance Sheet?
Nov 23Financial Position Analysis
Short Term Liabilities: A088390's short term assets (₩103.6B) exceed its short term liabilities (₩54.8B).
Long Term Liabilities: A088390's short term assets (₩103.6B) exceed its long term liabilities (₩47.6B).
Debt to Equity History and Analysis
Debt Level: A088390 has more cash than its total debt.
Reducing Debt: A088390's debt to equity ratio has reduced from 33.8% to 22% over the past 5 years.
Debt Coverage: A088390's debt is not well covered by operating cash flow (11.5%).
Interest Coverage: A088390's interest payments on its debt are not well covered by EBIT (1.7x coverage).