Daedong Gear Balance Sheet Health
Financial Health criteria checks 1/6
Daedong Gear has a total shareholder equity of ₩84.0B and total debt of ₩87.7B, which brings its debt-to-equity ratio to 104.4%. Its total assets and total liabilities are ₩239.5B and ₩155.5B respectively. Daedong Gear's EBIT is ₩5.4B making its interest coverage ratio 1.4. It has cash and short-term investments of ₩3.1B.
Key information
104.4%
Debt to equity ratio
₩87.70b
Debt
| Interest coverage ratio | 1.4x |
| Cash | ₩3.15b |
| Equity | ₩84.00b |
| Total liabilities | ₩155.45b |
| Total assets | ₩239.46b |
Recent financial health updates
These 4 Measures Indicate That Daedong Gear (KOSDAQ:008830) Is Using Debt In A Risky Way
Nov 21
Here's Why Daedong Gear (KOSDAQ:008830) Has A Meaningful Debt Burden
Mar 23Daedong Gear (KOSDAQ:008830) Takes On Some Risk With Its Use Of Debt
Apr 29Is Daedong Gear (KOSDAQ:008830) A Risky Investment?
Jan 24
Recent updates
There's Been No Shortage Of Growth Recently For Daedong Gear's (KOSDAQ:008830) Returns On Capital
Dec 13There's Reason For Concern Over Daedong Gear Co., Ltd.'s (KOSDAQ:008830) Massive 50% Price Jump
Nov 21These 4 Measures Indicate That Daedong Gear (KOSDAQ:008830) Is Using Debt In A Risky Way
Nov 21Daedong Gear Co., Ltd.'s (KOSDAQ:008830) Business Is Trailing The Market But Its Shares Aren't
Jul 13There's Reason For Concern Over Daedong Gear Co., Ltd.'s (KOSDAQ:008830) Massive 27% Price Jump
Mar 24Here's Why Daedong Gear (KOSDAQ:008830) Has A Meaningful Debt Burden
Mar 23Daedong Gear (KOSDAQ:008830) Takes On Some Risk With Its Use Of Debt
Apr 29What Do The Returns At Daedong Gear (KOSDAQ:008830) Mean Going Forward?
Mar 02Is Daedong Gear (KOSDAQ:008830) A Risky Investment?
Jan 24Financial Position Analysis
Short Term Liabilities: A008830's short term assets (₩94.8B) do not cover its short term liabilities (₩118.6B).
Long Term Liabilities: A008830's short term assets (₩94.8B) exceed its long term liabilities (₩36.8B).
Debt to Equity History and Analysis
Debt Level: A008830's net debt to equity ratio (100.7%) is considered high.
Reducing Debt: A008830's debt to equity ratio has increased from 103.7% to 104.4% over the past 5 years.
Debt Coverage: A008830's debt is not well covered by operating cash flow (9.8%).
Interest Coverage: A008830's interest payments on its debt are not well covered by EBIT (1.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 09:57 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Daedong Gear Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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