Sungwoo Hitech Balance Sheet Health
Financial Health criteria checks 5/6
Sungwoo Hitech has a total shareholder equity of ₩1,644.8B and total debt of ₩1,536.6B, which brings its debt-to-equity ratio to 93.4%. Its total assets and total liabilities are ₩4,035.7B and ₩2,390.8B respectively. Sungwoo Hitech's EBIT is ₩256.9B making its interest coverage ratio 3.9. It has cash and short-term investments of ₩383.6B.
Key information
93.4%
Debt to equity ratio
₩1.54t
Debt
| Interest coverage ratio | 3.9x |
| Cash | ₩383.65b |
| Equity | ₩1.64t |
| Total liabilities | ₩2.39t |
| Total assets | ₩4.04t |
Recent financial health updates
These 4 Measures Indicate That Sungwoo Hitech (KOSDAQ:015750) Is Using Debt Extensively
Apr 06
Sungwoo Hitech (KOSDAQ:015750) Use Of Debt Could Be Considered Risky
Dec 07
Recent updates
Additional Considerations Required While Assessing Sungwoo Hitech's (KOSDAQ:015750) Strong Earnings
Mar 27These 4 Measures Indicate That Sungwoo Hitech (KOSDAQ:015750) Is Using Debt Extensively
Apr 06Investors In Sungwoo Hitech Co., Ltd. (KOSDAQ:015750) Should Consider This, First
Mar 18Does Sungwoo Hitech's (KOSDAQ:015750) Returns On Capital Reflect Well On The Business?
Feb 25What You Need To Know About Sungwoo Hitech Co., Ltd.'s (KOSDAQ:015750) Investor Composition
Feb 04Sungwoo Hitech (KOSDAQ:015750) Shareholders Have Enjoyed A 91% Share Price Gain
Jan 14Don't Race Out To Buy Sungwoo Hitech Co., Ltd. (KOSDAQ:015750) Just Because It's Going Ex-Dividend
Dec 24Sungwoo Hitech (KOSDAQ:015750) Use Of Debt Could Be Considered Risky
Dec 07Financial Position Analysis
Short Term Liabilities: A015750's short term assets (₩1,855.1B) exceed its short term liabilities (₩1,846.8B).
Long Term Liabilities: A015750's short term assets (₩1,855.1B) exceed its long term liabilities (₩544.0B).
Debt to Equity History and Analysis
Debt Level: A015750's net debt to equity ratio (70.1%) is considered high.
Reducing Debt: A015750's debt to equity ratio has reduced from 107% to 93.4% over the past 5 years.
Debt Coverage: A015750's debt is well covered by operating cash flow (24.4%).
Interest Coverage: A015750's interest payments on its debt are well covered by EBIT (3.9x coverage).