Wooshin Systems Balance Sheet Health
Financial Health criteria checks 3/6
Wooshin Systems has a total shareholder equity of ₩96.4B and total debt of ₩127.1B, which brings its debt-to-equity ratio to 131.9%. Its total assets and total liabilities are ₩380.5B and ₩284.1B respectively. Wooshin Systems's EBIT is ₩12.4B making its interest coverage ratio 2.5. It has cash and short-term investments of ₩99.9B.
Key information
131.9%
Debt to equity ratio
₩127.13b
Debt
| Interest coverage ratio | 2.5x |
| Cash | ₩99.88b |
| Equity | ₩96.40b |
| Total liabilities | ₩284.06b |
| Total assets | ₩380.46b |
Recent financial health updates
Recent updates
Wooshin Systems (KRX:017370) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Mar 28
Is Wooshin Systems Co., Ltd.'s (KRX:017370) ROE Of 0.9% Concerning?
Mar 19Here's Why Wooshin Systems (KRX:017370) Has A Meaningful Debt Burden
Feb 02
Wooshin Systems'(KRX:017370) Share Price Is Down 58% Over The Past Three Years.
Dec 26Here's Why We Don't Think Wooshin Systems's (KRX:017370) Statutory Earnings Reflect Its Underlying Earnings Potential
Nov 30Financial Position Analysis
Short Term Liabilities: A017370's short term assets (₩241.2B) do not cover its short term liabilities (₩267.3B).
Long Term Liabilities: A017370's short term assets (₩241.2B) exceed its long term liabilities (₩16.7B).
Debt to Equity History and Analysis
Debt Level: A017370's net debt to equity ratio (28.3%) is considered satisfactory.
Reducing Debt: A017370's debt to equity ratio has increased from 106.6% to 131.9% over the past 5 years.
Debt Coverage: A017370's debt is well covered by operating cash flow (38%).
Interest Coverage: A017370's interest payments on its debt are not well covered by EBIT (2.5x coverage).