Kyung Chang Industrial Balance Sheet Health
Financial Health criteria checks 2/6
Kyung Chang Industrial has a total shareholder equity of ₩138.1B and total debt of ₩214.6B, which brings its debt-to-equity ratio to 155.4%. Its total assets and total liabilities are ₩486.7B and ₩348.6B respectively. Kyung Chang Industrial's EBIT is ₩12.1B making its interest coverage ratio 1.1. It has cash and short-term investments of ₩39.5B.
Key information
155.4%
Debt to equity ratio
₩214.61b
Debt
| Interest coverage ratio | 1.1x |
| Cash | ₩39.48b |
| Equity | ₩138.11b |
| Total liabilities | ₩348.63b |
| Total assets | ₩486.75b |
Recent financial health updates
Recent updates
There's Been No Shortage Of Growth Recently For Kyung Chang Industrial's (KOSDAQ:024910) Returns On Capital
Nov 13
Kyung Chang Industrial Co., Ltd.'s (KOSDAQ:024910) 27% Share Price Plunge Could Signal Some Risk
Aug 04Kyung Chang Industrial's (KOSDAQ:024910) Returns On Capital Are Heading Higher
Jul 04Investors Can Find Comfort In Kyung Chang Industrial's (KOSDAQ:024910) Earnings Quality
Mar 26A Look At The Fair Value Of Kyung Chang Industrial Co., Ltd. (KOSDAQ:024910)
Apr 30Why Kyung Chang Industrial's (KOSDAQ:024910) Earnings Are Better Than They Seem
Apr 02Health Check: How Prudently Does Kyung Chang Industrial (KOSDAQ:024910) Use Debt?
Feb 12Financial Position Analysis
Short Term Liabilities: A024910's short term assets (₩168.5B) do not cover its short term liabilities (₩258.9B).
Long Term Liabilities: A024910's short term assets (₩168.5B) exceed its long term liabilities (₩89.7B).
Debt to Equity History and Analysis
Debt Level: A024910's net debt to equity ratio (126.8%) is considered high.
Reducing Debt: A024910's debt to equity ratio has reduced from 230.6% to 155.4% over the past 5 years.
Debt Coverage: A024910's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: A024910's interest payments on its debt are not well covered by EBIT (1.1x coverage).