GridwizLtd Balance Sheet Health
Financial Health criteria checks 4/6
GridwizLtd has a total shareholder equity of ₩76.3B and total debt of ₩2.0B, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are ₩116.3B and ₩39.9B respectively. GridwizLtd's EBIT is ₩917.3M making its interest coverage ratio 0.4. It has cash and short-term investments of ₩25.1B.
Key information
2.6%
Debt to equity ratio
₩2.00b
Debt
Interest coverage ratio | 0.4x |
Cash | ₩25.11b |
Equity | ₩76.34b |
Total liabilities | ₩39.92b |
Total assets | ₩116.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A453450's short term assets (₩53.6B) exceed its short term liabilities (₩28.7B).
Long Term Liabilities: A453450's short term assets (₩53.6B) exceed its long term liabilities (₩11.2B).
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 (180.6%).
Interest Coverage: A453450's interest payments on its debt are not well covered by EBIT (0.4x coverage).