Myoung Shin IndustrialLtd Balance Sheet Health
Financial Health criteria checks 5/6
Myoung Shin IndustrialLtd has a total shareholder equity of ₩535.2B and total debt of ₩164.6B, which brings its debt-to-equity ratio to 30.8%. Its total assets and total liabilities are ₩1,044.9B and ₩509.7B respectively. Myoung Shin IndustrialLtd's EBIT is ₩206.5B making its interest coverage ratio 18.6. It has cash and short-term investments of ₩253.2B.
Key information
30.8%
Debt to equity ratio
₩164.63b
Debt
| Interest coverage ratio | 18.6x |
| Cash | ₩253.17b |
| Equity | ₩535.16b |
| Total liabilities | ₩509.72b |
| Total assets | ₩1.04t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: A009900's short term assets (₩646.8B) exceed its short term liabilities (₩326.7B).
Long Term Liabilities: A009900's short term assets (₩646.8B) exceed its long term liabilities (₩183.0B).
Debt to Equity History and Analysis
Debt Level: A009900 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if A009900's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: A009900's debt is well covered by operating cash flow (149.5%).
Interest Coverage: A009900's interest payments on its debt are well covered by EBIT (18.6x coverage).