KORCHIP Balance Sheet Health
Financial Health criteria checks 6/6
KORCHIP has a total shareholder equity of ₩52.4B and total debt of ₩6.2B, which brings its debt-to-equity ratio to 11.9%. Its total assets and total liabilities are ₩65.0B and ₩12.6B respectively. KORCHIP's EBIT is ₩2.5B making its interest coverage ratio 4.2. It has cash and short-term investments of ₩27.0B.
Key information
11.9%
Debt to equity ratio
₩6.24b
Debt
| Interest coverage ratio | 4.2x |
| Cash | ₩26.95b |
| Equity | ₩52.42b |
| Total liabilities | ₩12.56b |
| Total assets | ₩64.98b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: A126730's short term assets (₩45.2B) exceed its short term liabilities (₩10.7B).
Long Term Liabilities: A126730's short term assets (₩45.2B) exceed its long term liabilities (₩1.9B).
Debt to Equity History and Analysis
Debt Level: A126730 has more cash than its total debt.
Reducing Debt: A126730's debt to equity ratio has reduced from 162.7% to 11.9% over the past 5 years.
Debt Coverage: A126730's debt is well covered by operating cash flow (95.5%).
Interest Coverage: A126730's interest payments on its debt are well covered by EBIT (4.2x coverage).