Kyung Chang Industrial Balance Sheet Health
Financial Health criteria checks 3/6
Kyung Chang Industrial has a total shareholder equity of ₩153.3B and total debt of ₩223.1B, which brings its debt-to-equity ratio to 145.6%. Its total assets and total liabilities are ₩513.0B and ₩359.7B respectively. Kyung Chang Industrial's EBIT is ₩19.7B making its interest coverage ratio 1.9. It has cash and short-term investments of ₩36.7B.
Key information
145.6%
Debt to equity ratio
₩223.14b
Debt
| Interest coverage ratio | 1.9x |
| Cash | ₩36.74b |
| Equity | ₩153.27b |
| Total liabilities | ₩359.69b |
| Total assets | ₩512.96b |
Recent financial health updates
Recent updates
Investors Can Find Comfort In Kyung Chang Industrial's (KOSDAQ:024910) Earnings Quality
Mar 26
A 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 (₩193.4B) do not cover its short term liabilities (₩249.6B).
Long Term Liabilities: A024910's short term assets (₩193.4B) exceed its long term liabilities (₩110.1B).
Debt to Equity History and Analysis
Debt Level: A024910's net debt to equity ratio (121.6%) is considered high.
Reducing Debt: A024910's debt to equity ratio has reduced from 221.1% to 145.6% over the past 5 years.
Debt Coverage: A024910's debt is well covered by operating cash flow (23.7%).
Interest Coverage: A024910's interest payments on its debt are not well covered by EBIT (1.9x coverage).