Duckyang Ind Balance Sheet Health
Financial Health criteria checks 5/6
Duckyang Ind has a total shareholder equity of ₩96.4B and total debt of ₩40.6B, which brings its debt-to-equity ratio to 42.1%. Its total assets and total liabilities are ₩544.2B and ₩447.8B respectively. Duckyang Ind's EBIT is ₩16.3B making its interest coverage ratio -6.1. It has cash and short-term investments of ₩89.4B.
Key information
42.1%
Debt to equity ratio
₩40.60b
Debt
| Interest coverage ratio | -6.1x |
| Cash | ₩89.37b |
| Equity | ₩96.44b |
| Total liabilities | ₩447.81b |
| Total assets | ₩544.25b |
Recent financial health updates
Recent updates
Duckyang Ind's (KRX:024900) Soft Earnings Are Actually Better Than They Appear
Nov 22
There's Reason For Concern Over Duckyang Ind. Co., Ltd.'s (KRX:024900) Massive 25% Price Jump
Apr 15There May Be Some Bright Spots In Duckyang Ind's (KRX:024900) Earnings
Mar 25Investors Who Bought Duckyang Ind (KRX:024900) Shares A Year Ago Are Now Up 266%
Mar 17What Kind Of Shareholders Hold The Majority In Duckyang Ind. Co., Ltd.'s (KRX:024900) Shares?
Jan 23Health Check: How Prudently Does Duckyang Ind (KRX:024900) Use Debt?
Dec 10
Financial Position Analysis
Short Term Liabilities: A024900's short term assets (₩350.4B) do not cover its short term liabilities (₩422.3B).
Long Term Liabilities: A024900's short term assets (₩350.4B) exceed its long term liabilities (₩25.5B).
Debt to Equity History and Analysis
Debt Level: A024900 has more cash than its total debt.
Reducing Debt: A024900's debt to equity ratio has reduced from 109.6% to 42.1% over the past 5 years.
Debt Coverage: A024900's debt is well covered by operating cash flow (115.4%).
Interest Coverage: A024900 earns more interest than it pays, so coverage of interest payments is not a concern.