SaedongLtd Balance Sheet Health
Financial Health criteria checks 5/6
SaedongLtd has a total shareholder equity of ₩38.2B and total debt of ₩35.0B, which brings its debt-to-equity ratio to 91.6%. Its total assets and total liabilities are ₩119.6B and ₩81.4B respectively. SaedongLtd's EBIT is ₩15.8B making its interest coverage ratio 6.5. It has cash and short-term investments of ₩17.3B.
Key information
91.6%
Debt to equity ratio
₩35.04b
Debt
Interest coverage ratio | 6.5x |
Cash | ₩17.30b |
Equity | ₩38.24b |
Total liabilities | ₩81.37b |
Total assets | ₩119.61b |
Financial Position Analysis
Short Term Liabilities: A053060's short term assets (₩47.0B) exceed its short term liabilities (₩44.7B).
Long Term Liabilities: A053060's short term assets (₩47.0B) exceed its long term liabilities (₩36.7B).
Debt to Equity History and Analysis
Debt Level: A053060's net debt to equity ratio (46.4%) is considered high.
Reducing Debt: A053060's debt to equity ratio has reduced from 331.7% to 91.6% over the past 5 years.
Debt Coverage: A053060's debt is well covered by operating cash flow (61.5%).
Interest Coverage: A053060's interest payments on its debt are well covered by EBIT (6.5x coverage).