GridwizLtd Balance Sheet Health
Financial Health criteria checks 4/6
GridwizLtd has a total shareholder equity of ₩130.0B and total debt of ₩2.0B, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are ₩161.8B and ₩31.8B respectively. GridwizLtd's EBIT is ₩1.2B making its interest coverage ratio 1.1. It has cash and short-term investments of ₩73.9B.
Key information
1.5%
Debt to equity ratio
₩2.00b
Debt
| Interest coverage ratio | 1.1x |
| Cash | ₩73.94b |
| Equity | ₩129.98b |
| Total liabilities | ₩31.83b |
| Total assets | ₩161.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A453450's short term assets (₩99.6B) exceed its short term liabilities (₩21.9B).
Long Term Liabilities: A453450's short term assets (₩99.6B) exceed its long term liabilities (₩9.9B).
Debt to Equity History and Analysis
Debt Level: A453450 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if A453450's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: A453450's debt is well covered by operating cash flow (243.7%).
Interest Coverage: A453450's interest payments on its debt are not well covered by EBIT (1.1x coverage).