Comtec SystemsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Comtec SystemsLtd has a total shareholder equity of ₩207.0B and total debt of ₩50.8B, which brings its debt-to-equity ratio to 24.5%. Its total assets and total liabilities are ₩525.4B and ₩318.4B respectively. Comtec SystemsLtd's EBIT is ₩16.0B making its interest coverage ratio -79.9. It has cash and short-term investments of ₩143.6B.
Key information
24.5%
Debt to equity ratio
₩50.78b
Debt
Interest coverage ratio | -79.9x |
Cash | ₩143.61b |
Equity | ₩206.97b |
Total liabilities | ₩318.41b |
Total assets | ₩525.38b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: A031820's short term assets (₩418.1B) exceed its short term liabilities (₩309.1B).
Long Term Liabilities: A031820's short term assets (₩418.1B) exceed its long term liabilities (₩9.3B).
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 0.4% to 24.5% over the past 5 years.
Debt Coverage: A031820's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: A031820 earns more interest than it pays, so coverage of interest payments is not a concern.