Comtec SystemsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Comtec SystemsLtd has a total shareholder equity of ₩222.8B and total debt of ₩62.2B, which brings its debt-to-equity ratio to 27.9%. Its total assets and total liabilities are ₩548.2B and ₩325.4B respectively. Comtec SystemsLtd's EBIT is ₩20.9B making its interest coverage ratio -104.3. It has cash and short-term investments of ₩101.6B.
Key information
27.9%
Debt to equity ratio
₩62.19b
Debt
| Interest coverage ratio | -104.3x |
| Cash | ₩101.62b |
| Equity | ₩222.81b |
| Total liabilities | ₩325.36b |
| Total assets | ₩548.17b |
Recent financial health updates
Recent updates
Some May Be Optimistic About Comtec SystemsLtd's (KRX:031820) Earnings
Nov 25
We Like These Underlying Return On Capital Trends At Comtec SystemsLtd (KRX:031820)
Aug 06Comtec SystemsLtd's (KRX:031820) Problems Go Beyond Weak Profit
Apr 03These 4 Measures Indicate That Comtec SystemsLtd (KRX:031820) Is Using Debt Reasonably Well
May 02Financial Position Analysis
Short Term Liabilities: A031820's short term assets (₩408.7B) exceed its short term liabilities (₩299.8B).
Long Term Liabilities: A031820's short term assets (₩408.7B) exceed its long term liabilities (₩25.6B).
Debt to Equity History and Analysis
Debt Level: A031820 has more cash than its total debt.
Reducing Debt: A031820's debt to equity ratio has increased from 1.3% to 27.9% over the past 5 years.
Debt Coverage: A031820's debt is well covered by operating cash flow (26.1%).
Interest Coverage: A031820 earns more interest than it pays, so coverage of interest payments is not a concern.