Seojin AutomotiveLtd Balance Sheet Health
Financial Health criteria checks 3/6
Seojin AutomotiveLtd has a total shareholder equity of ₩260.6B and total debt of ₩483.5B, which brings its debt-to-equity ratio to 185.5%. Its total assets and total liabilities are ₩1,246.2B and ₩985.5B respectively. Seojin AutomotiveLtd's EBIT is ₩73.8B making its interest coverage ratio 3.6. It has cash and short-term investments of ₩76.5B.
Key information
185.5%
Debt to equity ratio
₩483.47b
Debt
Interest coverage ratio | 3.6x |
Cash | ₩76.48b |
Equity | ₩260.62b |
Total liabilities | ₩985.54b |
Total assets | ₩1.25t |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: A122690's short term assets (₩554.9B) do not cover its short term liabilities (₩701.2B).
Long Term Liabilities: A122690's short term assets (₩554.9B) exceed its long term liabilities (₩284.3B).
Debt to Equity History and Analysis
Debt Level: A122690's net debt to equity ratio (156.2%) is considered high.
Reducing Debt: A122690's debt to equity ratio has reduced from 206.2% to 185.5% over the past 5 years.
Debt Coverage: A122690's debt is not well covered by operating cash flow (13.7%).
Interest Coverage: A122690's interest payments on its debt are well covered by EBIT (3.6x coverage).