Sungchang Autotech Balance Sheet Health
Financial Health criteria checks 2/6
Sungchang Autotech has a total shareholder equity of ₩55.0B and total debt of ₩44.0B, which brings its debt-to-equity ratio to 79.9%. Its total assets and total liabilities are ₩167.7B and ₩112.6B respectively. Sungchang Autotech's EBIT is ₩3.3B making its interest coverage ratio 2.6. It has cash and short-term investments of ₩16.6B.
Key information
79.9%
Debt to equity ratio
₩43.98b
Debt
Interest coverage ratio | 2.6x |
Cash | ₩16.56b |
Equity | ₩55.04b |
Total liabilities | ₩112.61b |
Total assets | ₩167.65b |
Recent financial health updates
Sungchang Autotech (KOSDAQ:080470) Is Making Moderate Use Of Debt
Mar 11Sungchang Autotech (KOSDAQ:080470) Is Making Moderate Use Of Debt
Nov 24Recent updates
Sungchang Autotech (KOSDAQ:080470) Strong Profits May Be Masking Some Underlying Issues
Mar 28Sungchang Autotech Co., Ltd. (KOSDAQ:080470) Is Yielding 0.5% - But Is It A Buy?
Apr 06Sungchang Autotech (KOSDAQ:080470) Is Making Moderate Use Of Debt
Mar 11Did You Miss Sungchang Autotech's (KOSDAQ:080470) Impressive 102% Share Price Gain?
Jan 17Sungchang Autotech (KOSDAQ:080470) Is Making Moderate Use Of Debt
Nov 24Financial Position Analysis
Short Term Liabilities: A080470's short term assets (₩80.6B) do not cover its short term liabilities (₩88.8B).
Long Term Liabilities: A080470's short term assets (₩80.6B) exceed its long term liabilities (₩23.9B).
Debt to Equity History and Analysis
Debt Level: A080470's net debt to equity ratio (49.8%) is considered high.
Reducing Debt: A080470's debt to equity ratio has increased from 44.1% to 79.9% over the past 5 years.
Debt Coverage: A080470's debt is well covered by operating cash flow (44.6%).
Interest Coverage: A080470's interest payments on its debt are not well covered by EBIT (2.6x coverage).