Welkeeps HitechLtd Balance Sheet Health
Financial Health criteria checks 6/6
Welkeeps HitechLtd has a total shareholder equity of ₩42.6B and total debt of ₩70.5M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are ₩46.1B and ₩3.4B respectively. Welkeeps HitechLtd's EBIT is ₩453.5M making its interest coverage ratio -0.5. It has cash and short-term investments of ₩29.9B.
Key information
0.2%
Debt to equity ratio
₩70.50m
Debt
Interest coverage ratio | -0.5x |
Cash | ₩29.92b |
Equity | ₩42.64b |
Total liabilities | ₩3.44b |
Total assets | ₩46.08b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: A043590's short term assets (₩36.0B) exceed its short term liabilities (₩3.4B).
Long Term Liabilities: A043590's short term assets (₩36.0B) exceed its long term liabilities (₩24.6M).
Debt to Equity History and Analysis
Debt Level: A043590 has more cash than its total debt.
Reducing Debt: A043590's debt to equity ratio has reduced from 98.5% to 0.2% over the past 5 years.
Debt Coverage: A043590's debt is well covered by operating cash flow (6456.4%).
Interest Coverage: A043590 earns more interest than it pays, so coverage of interest payments is not a concern.