Gravity Balance Sheet Health

Financial Health criteria checks 6/6

Gravity has a total shareholder equity of ₩533.0B and total debt of ₩0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₩624.3B and ₩91.3B respectively. Gravity's EBIT is ₩80.4B making its interest coverage ratio -3.1. It has cash and short-term investments of ₩519.9B.

Key information

0%

Debt to equity ratio

₩0

Debt

Interest coverage ratio-3.1x
Cash₩519.88b
Equity₩533.03b
Total liabilities₩91.31b
Total assets₩624.34b

Recent financial health updates

No updates

Recent updates

Gravity: An Undervalued Gem With Significant Concentration Risk

Nov 18

Gravity: Mobile Games, International Expansion, NBA License, And Cheap

Sep 15

Gravity: The Thesis Remains Intact

Aug 19

Gravity: Ragnarok Online Launch In China Should Provide A Boost

Jun 20

Even With A 30% Surge, Cautious Investors Are Not Rewarding Gravity Co., Ltd.'s (NASDAQ:GRVY) Performance Completely

Jun 08
Even With A 30% Surge, Cautious Investors Are Not Rewarding Gravity Co., Ltd.'s (NASDAQ:GRVY) Performance Completely

Gravity: Amazing Performance, But Reach Is Key

Mar 26

Gravity: Dominated By The Alternatives

Feb 26

Gravity (NASDAQ:GRVY) Might Become A Compounding Machine

Jan 12
Gravity (NASDAQ:GRVY) Might Become A Compounding Machine

Gravity gains as 'Ragnarok Origin' hits more markets

Sep 16

Gravity Game announces launch of Ragnarok Labyrinth NFT Global Launch

Sep 09

Gravity Is Cheap But Ragnarok Online Is Getting Old

Aug 25

Gravity Suffers With Mobile Pullback

Jun 16

Shareholders Would Enjoy A Repeat Of Gravity's (NASDAQ:GRVY) Recent Growth In Returns

May 11
Shareholders Would Enjoy A Repeat Of Gravity's (NASDAQ:GRVY) Recent Growth In Returns

Gravity: Cheap Beyond Rational

Jan 28

Why The 49% Return On Capital At Gravity (NASDAQ:GRVY) Should Have Your Attention

Oct 20
Why The 49% Return On Capital At Gravity (NASDAQ:GRVY) Should Have Your Attention

Why We Like The Returns At Gravity (NASDAQ:GRVY)

Apr 14
Why We Like The Returns At Gravity (NASDAQ:GRVY)

What Type Of Shareholders Make Up Gravity Co., Ltd.'s (NASDAQ:GRVY) Share Registry?

Mar 08
What Type Of Shareholders Make Up Gravity Co., Ltd.'s (NASDAQ:GRVY) Share Registry?

Is Gravity Co., Ltd.'s(NASDAQ:GRVY) Recent Stock Performance Tethered To Its Strong Fundamentals?

Feb 10
Is Gravity Co., Ltd.'s(NASDAQ:GRVY) Recent Stock Performance Tethered To Its Strong Fundamentals?

Should You Be Excited About Gravity's (NASDAQ:GRVY) Returns On Capital?

Jan 14
Should You Be Excited About Gravity's (NASDAQ:GRVY) Returns On Capital?

What Kind Of Shareholders Own Gravity Co., Ltd. (NASDAQ:GRVY)?

Dec 07
What Kind Of Shareholders Own Gravity Co., Ltd. (NASDAQ:GRVY)?

More GRVY Please: Finding Value In Gravity, A Korean Gaming Company

Nov 30

Gravity: Predictable Gaming Cash Flow, Cheap Valuations

Nov 25

Gravity reports Q3 results

Nov 13

Financial Position Analysis

Short Term Liabilities: GRVY's short term assets (₩595.6B) exceed its short term liabilities (₩83.0B).

Long Term Liabilities: GRVY's short term assets (₩595.6B) exceed its long term liabilities (₩8.3B).


Debt to Equity History and Analysis

Debt Level: GRVY is debt free.

Reducing Debt: GRVY has not had any debt for past 5 years.

Debt Coverage: GRVY has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: GRVY has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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