Hecto Innovation Balance Sheet Health
Financial Health criteria checks 5/6
Hecto Innovation has a total shareholder equity of ₩294.8B and total debt of ₩5.6B, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are ₩576.1B and ₩281.3B respectively. Hecto Innovation's EBIT is ₩37.0B making its interest coverage ratio -9.9. It has cash and short-term investments of ₩259.6B.
Key information
1.9%
Debt to equity ratio
₩5.58b
Debt
| Interest coverage ratio | -9.9x |
| Cash | ₩259.55b |
| Equity | ₩294.80b |
| Total liabilities | ₩281.29b |
| Total assets | ₩576.09b |
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 (₩424.2B) exceed its short term liabilities (₩257.3B).
Long Term Liabilities: A214180's short term assets (₩424.2B) exceed its long term liabilities (₩24.0B).
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 1.3% to 1.9% over the past 5 years.
Debt Coverage: A214180's debt is well covered by operating cash flow (1100.5%).
Interest Coverage: A214180 earns more interest than it pays, so coverage of interest payments is not a concern.