VINA TECHLtd Balance Sheet Health
Financial Health criteria checks 3/6
VINA TECHLtd has a total shareholder equity of ₩64.3B and total debt of ₩56.3B, which brings its debt-to-equity ratio to 87.6%. Its total assets and total liabilities are ₩130.0B and ₩65.7B respectively. VINA TECHLtd's EBIT is ₩3.0B making its interest coverage ratio 2.5. It has cash and short-term investments of ₩22.4B.
Key information
87.6%
Debt to equity ratio
₩56.29b
Debt
Interest coverage ratio | 2.5x |
Cash | ₩22.38b |
Equity | ₩64.26b |
Total liabilities | ₩65.75b |
Total assets | ₩130.01b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: A126340's short term assets (₩46.7B) exceed its short term liabilities (₩41.4B).
Long Term Liabilities: A126340's short term assets (₩46.7B) exceed its long term liabilities (₩24.3B).
Debt to Equity History and Analysis
Debt Level: A126340's net debt to equity ratio (52.8%) is considered high.
Reducing Debt: Insufficient data to determine if A126340's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: A126340's debt is well covered by operating cash flow (23.2%).
Interest Coverage: A126340's interest payments on its debt are not well covered by EBIT (2.5x coverage).