Innox Balance Sheet Health
Financial Health criteria checks 4/6
Innox has a total shareholder equity of ₩236.3B and total debt of ₩49.6B, which brings its debt-to-equity ratio to 21%. Its total assets and total liabilities are ₩336.3B and ₩100.0B respectively. Innox's EBIT is ₩3.3B making its interest coverage ratio 1. It has cash and short-term investments of ₩72.0B.
Key information
21.0%
Debt to equity ratio
₩49.64b
Debt
| Interest coverage ratio | 1x |
| Cash | ₩72.03b |
| Equity | ₩236.34b |
| Total liabilities | ₩99.96b |
| Total assets | ₩336.31b |
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
Subdued Growth No Barrier To Innox Corporation (KOSDAQ:088390) With Shares Advancing 30%
Jun 11Innox (KOSDAQ:088390) Will Be Hoping To Turn Its Returns On Capital Around
Jun 05These 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 (₩101.0B) exceed its short term liabilities (₩51.6B).
Long Term Liabilities: A088390's short term assets (₩101.0B) exceed its long term liabilities (₩48.4B).
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 37.4% to 21% over the past 5 years.
Debt Coverage: A088390's debt is not well covered by operating cash flow (3.9%).
Interest Coverage: A088390's interest payments on its debt are not well covered by EBIT (1x coverage).