Hanil Forging Industrial Balance Sheet Health
Financial Health criteria checks 4/6
Hanil Forging Industrial has a total shareholder equity of ₩131.0B and total debt of ₩96.8B, which brings its debt-to-equity ratio to 73.9%. Its total assets and total liabilities are ₩254.7B and ₩123.8B respectively. Hanil Forging Industrial's EBIT is ₩9.8B making its interest coverage ratio 1.8. It has cash and short-term investments of ₩39.2B.
Key information
73.9%
Debt to equity ratio
₩96.83b
Debt
| Interest coverage ratio | 1.8x |
| Cash | ₩39.24b |
| Equity | ₩130.96b |
| Total liabilities | ₩123.79b |
| Total assets | ₩254.75b |
Recent financial health updates
We Think Hanil Forging Industrial (KOSDAQ:024740) Is Taking Some Risk With Its Debt
Oct 04
Health Check: How Prudently Does Hanil Forging Industrial (KOSDAQ:024740) Use Debt?
Mar 17Is Hanil Forging Industrial (KOSDAQ:024740) Using Too Much Debt?
Nov 27
Recent updates
There May Be Reason For Hope In Hanil Forging Industrial's (KOSDAQ:024740) Disappointing Earnings
Nov 22We Like These Underlying Return On Capital Trends At Hanil Forging Industrial (KOSDAQ:024740)
Nov 20Hanil Forging Industrial Co., Ltd. (KOSDAQ:024740) Looks Just Right With A 52% Price Jump
Oct 22We Think Hanil Forging Industrial (KOSDAQ:024740) Is Taking Some Risk With Its Debt
Oct 04Returns On Capital Signal Tricky Times Ahead For Hanil Forging Industrial (KOSDAQ:024740)
Apr 30Health Check: How Prudently Does Hanil Forging Industrial (KOSDAQ:024740) Use Debt?
Mar 17What Type Of Returns Would Hanil Forging Industrial's(KOSDAQ:024740) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Feb 05Calculating The Intrinsic Value Of Hanil Forging Industrial Co., Ltd. (KOSDAQ:024740)
Jan 01Is Hanil Forging Industrial (KOSDAQ:024740) Using Too Much Debt?
Nov 27Financial Position Analysis
Short Term Liabilities: A024740's short term assets (₩115.6B) exceed its short term liabilities (₩109.0B).
Long Term Liabilities: A024740's short term assets (₩115.6B) exceed its long term liabilities (₩14.7B).
Debt to Equity History and Analysis
Debt Level: A024740's net debt to equity ratio (44%) is considered high.
Reducing Debt: A024740's debt to equity ratio has reduced from 83.9% to 73.9% over the past 5 years.
Debt Coverage: A024740's debt is well covered by operating cash flow (33.2%).
Interest Coverage: A024740's interest payments on its debt are not well covered by EBIT (1.8x coverage).