Kortek Balance Sheet Health
Financial Health criteria checks 5/6
Kortek has a total shareholder equity of ₩340.8B and total debt of ₩48.3B, which brings its debt-to-equity ratio to 14.2%. Its total assets and total liabilities are ₩442.5B and ₩101.8B respectively. Kortek's EBIT is ₩14.5B making its interest coverage ratio -58.5. It has cash and short-term investments of ₩152.6B.
Key information
14.2%
Debt to equity ratio
₩48.28b
Debt
| Interest coverage ratio | -58.5x |
| Cash | ₩152.58b |
| Equity | ₩340.77b |
| Total liabilities | ₩101.77b |
| Total assets | ₩442.55b |
Recent financial health updates
No updates
Recent updates
Kortek (KOSDAQ:052330) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Nov 21
Kortek (KOSDAQ:052330) Will Be Looking To Turn Around Its Returns
Aug 13Some Investors May Be Willing To Look Past Kortek's (KOSDAQ:052330) Soft Earnings
Mar 19Should You Buy Kortek Corporation (KOSDAQ:052330) For Its Dividend?
May 04What Is The Ownership Structure Like For Kortek Corporation (KOSDAQ:052330)?
Feb 15
Can Kortek (KOSDAQ:052330) Turn Things Around?
Jan 19Dividend Investors: Don't Be Too Quick To Buy Kortek Corporation (KOSDAQ:052330) For Its Upcoming Dividend
Dec 24Are Dividend Investors Making A Mistake With Kortek Corporation (KOSDAQ:052330)?
Dec 20Kortek's(KOSDAQ:052330) Share Price Is Down 44% Over The Past Three Years.
Nov 22Financial Position Analysis
Short Term Liabilities: A052330's short term assets (₩317.9B) exceed its short term liabilities (₩95.4B).
Long Term Liabilities: A052330's short term assets (₩317.9B) exceed its long term liabilities (₩6.4B).
Debt to Equity History and Analysis
Debt Level: A052330 has more cash than its total debt.
Reducing Debt: A052330's debt to equity ratio has increased from 0% to 14.2% over the past 5 years.
Debt Coverage: A052330's debt is well covered by operating cash flow (104.2%).
Interest Coverage: A052330 earns more interest than it pays, so coverage of interest payments is not a concern.