Hecto Innovation Balance Sheet Health
Financial Health criteria checks 5/6
Hecto Innovation has a total shareholder equity of ₩307.3B and total debt of ₩15.6B, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are ₩646.6B and ₩339.3B respectively. Hecto Innovation's EBIT is ₩38.7B making its interest coverage ratio -9.3. It has cash and short-term investments of ₩290.3B.
Key information
5.1%
Debt to equity ratio
₩15.55b
Debt
| Interest coverage ratio | -9.3x |
| Cash | ₩290.29b |
| Equity | ₩307.32b |
| Total liabilities | ₩339.31b |
| Total assets | ₩646.63b |
Recent financial health updates
Recent updates
Hecto Innovation's (KOSDAQ:214180) Soft Earnings Are Actually Better Than They Appear
Mar 28
Minwise (KOSDAQ:214180) Has A Rock Solid Balance Sheet
Apr 20I Built A List Of Growing Companies And Minwise (KOSDAQ:214180) Made The Cut
Apr 05Does Minwise Co., Ltd (KOSDAQ:214180) Have A Place In Your Dividend Portfolio?
Mar 01Minwise (KOSDAQ:214180) Share Prices Have Dropped 22% In The Last Three Years
Feb 11
What Type Of Shareholders Own The Most Number of Minwise Co., Ltd (KOSDAQ:214180) Shares?
Jan 27We Think Minwise's (KOSDAQ:214180) Statutory Profit Might Understate Its Earnings Potential
Jan 12Minwise Co., Ltd (KOSDAQ:214180) Looks Interesting, And It's About To Pay A Dividend
Dec 25Minwise Co., Ltd's (KOSDAQ:214180) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Dec 16Why Investors Shouldn't Be Surprised By Minwise Co., Ltd's (KOSDAQ:214180) Low P/E
Dec 01Financial Position Analysis
Short Term Liabilities: A214180's short term assets (₩487.4B) exceed its short term liabilities (₩318.7B).
Long Term Liabilities: A214180's short term assets (₩487.4B) exceed its long term liabilities (₩20.6B).
Debt to Equity History and Analysis
Debt Level: A214180 has more cash than its total debt.
Reducing Debt: A214180's debt to equity ratio has increased from 1.2% to 5.1% over the past 5 years.
Debt Coverage: A214180's debt is well covered by operating cash flow (574.2%).
Interest Coverage: A214180 earns more interest than it pays, so coverage of interest payments is not a concern.