Wooshin Systems Balance Sheet Health
Financial Health criteria checks 2/6
Wooshin Systems has a total shareholder equity of ₩104.0B and total debt of ₩181.3B, which brings its debt-to-equity ratio to 174.3%. Its total assets and total liabilities are ₩531.5B and ₩427.5B respectively. Wooshin Systems's EBIT is ₩18.1B making its interest coverage ratio 3.4. It has cash and short-term investments of ₩107.4B.
Key information
174.3%
Debt to equity ratio
₩181.30b
Debt
| Interest coverage ratio | 3.4x |
| Cash | ₩107.36b |
| Equity | ₩104.00b |
| Total liabilities | ₩427.55b |
| Total assets | ₩531.54b |
Recent financial health updates
Recent updates
Market Might Still Lack Some Conviction On Wooshin Systems Co., Ltd. (KRX:017370) Even After 26% Share Price Boost
Oct 30
Is It Time To Consider Buying Wooshin Systems Co., Ltd. (KRX:017370)?
Sep 06Wooshin Systems Co., Ltd.'s (KRX:017370) Stock Retreats 27% But Earnings Haven't Escaped The Attention Of Investors
Aug 05Wooshin Systems (KRX:017370) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Mar 28Is 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 (₩377.0B) do not cover its short term liabilities (₩413.1B).
Long Term Liabilities: A017370's short term assets (₩377.0B) exceed its long term liabilities (₩14.4B).
Debt to Equity History and Analysis
Debt Level: A017370's net debt to equity ratio (71.1%) is considered high.
Reducing Debt: A017370's debt to equity ratio has increased from 96.7% to 174.3% over the past 5 years.
Debt Coverage: A017370's debt is not well covered by operating cash flow (13.8%).
Interest Coverage: A017370's interest payments on its debt are well covered by EBIT (3.4x coverage).