Taeyang Metal Industrial Balance Sheet Health
Financial Health criteria checks 2/6
Taeyang Metal Industrial has a total shareholder equity of ₩113.9B and total debt of ₩184.7B, which brings its debt-to-equity ratio to 162.1%. Its total assets and total liabilities are ₩513.4B and ₩399.5B respectively. Taeyang Metal Industrial's EBIT is ₩20.8B making its interest coverage ratio 1.6. It has cash and short-term investments of ₩12.5B.
Key information
162.1%
Debt to equity ratio
₩184.71b
Debt
| Interest coverage ratio | 1.6x |
| Cash | ₩12.51b |
| Equity | ₩113.91b |
| Total liabilities | ₩399.52b |
| Total assets | ₩513.43b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: A004105's short term assets (₩273.5B) do not cover its short term liabilities (₩317.4B).
Long Term Liabilities: A004105's short term assets (₩273.5B) exceed its long term liabilities (₩82.1B).
Debt to Equity History and Analysis
Debt Level: A004105's net debt to equity ratio (151.2%) is considered high.
Reducing Debt: A004105's debt to equity ratio has reduced from 188.4% to 162.1% over the past 5 years.
Debt Coverage: A004105's debt is not well covered by operating cash flow (1.6%).
Interest Coverage: A004105's interest payments on its debt are not well covered by EBIT (1.6x coverage).