Itcen Balance Sheet Health
Financial Health criteria checks 5/6
Itcen has a total shareholder equity of ₩284.4B and total debt of ₩120.9B, which brings its debt-to-equity ratio to 42.5%. Its total assets and total liabilities are ₩777.4B and ₩493.0B respectively. Itcen's EBIT is ₩31.0B making its interest coverage ratio 7.1. It has cash and short-term investments of ₩181.7B.
Key information
42.5%
Debt to equity ratio
₩120.91b
Debt
| Interest coverage ratio | 7.1x |
| Cash | ₩181.67b |
| Equity | ₩284.41b |
| Total liabilities | ₩492.96b |
| Total assets | ₩777.37b |
Recent financial health updates
Itcen (KOSDAQ:124500) Has A Somewhat Strained Balance Sheet
Feb 26
Is Itcen (KOSDAQ:124500) Using Too Much Debt?
Mar 10Itcen (KOSDAQ:124500) Takes On Some Risk With Its Use Of Debt
Dec 10
Recent updates
Itcen (KOSDAQ:124500) Has A Somewhat Strained Balance Sheet
Feb 26Is Itcen (KOSDAQ:124500) Using Too Much Debt?
Mar 10Do Its Financials Have Any Role To Play In Driving Itcen Co., Ltd.'s (KOSDAQ:124500) Stock Up Recently?
Feb 11Are Itcen's (KOSDAQ:124500) Statutory Earnings A Good Guide To Its Underlying Profitability?
Jan 21The Itcen (KOSDAQ:124500) Share Price Has Gained 80% And Shareholders Are Hoping For More
Dec 31Itcen (KOSDAQ:124500) Takes On Some Risk With Its Use Of Debt
Dec 10Financial Position Analysis
Short Term Liabilities: A124500's short term assets (₩562.6B) exceed its short term liabilities (₩481.3B).
Long Term Liabilities: A124500's short term assets (₩562.6B) exceed its long term liabilities (₩11.6B).
Debt to Equity History and Analysis
Debt Level: A124500 has more cash than its total debt.
Reducing Debt: A124500's debt to equity ratio has reduced from 72.7% to 42.5% over the past 5 years.
Debt Coverage: A124500's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: A124500's interest payments on its debt are well covered by EBIT (7.1x coverage).