Dongwon Metal Balance Sheet Health
Financial Health criteria checks 4/6
Dongwon Metal has a total shareholder equity of ₩104.0B and total debt of ₩195.7B, which brings its debt-to-equity ratio to 188.1%. Its total assets and total liabilities are ₩477.1B and ₩373.1B respectively. Dongwon Metal's EBIT is ₩52.8B making its interest coverage ratio 4.3. It has cash and short-term investments of ₩17.5B.
Key information
188.1%
Debt to equity ratio
₩195.68b
Debt
Interest coverage ratio | 4.3x |
Cash | ₩17.50b |
Equity | ₩104.00b |
Total liabilities | ₩373.12b |
Total assets | ₩477.12b |
Financial Position Analysis
Short Term Liabilities: A018500's short term assets (₩173.0B) do not cover its short term liabilities (₩245.8B).
Long Term Liabilities: A018500's short term assets (₩173.0B) exceed its long term liabilities (₩127.3B).
Debt to Equity History and Analysis
Debt Level: A018500's net debt to equity ratio (171.3%) is considered high.
Reducing Debt: A018500's debt to equity ratio has reduced from 358.2% to 188.1% over the past 5 years.
Debt Coverage: A018500's debt is well covered by operating cash flow (34.7%).
Interest Coverage: A018500's interest payments on its debt are well covered by EBIT (4.3x coverage).