Sangsin Brake Balance Sheet Health
Financial Health criteria checks 3/6
Sangsin Brake has a total shareholder equity of ₩221.6B and total debt of ₩231.0B, which brings its debt-to-equity ratio to 104.2%. Its total assets and total liabilities are ₩550.7B and ₩329.0B respectively. Sangsin Brake's EBIT is ₩26.0B making its interest coverage ratio 2. It has cash and short-term investments of ₩37.2B.
Key information
104.2%
Debt to equity ratio
₩230.96b
Debt
| Interest coverage ratio | 2x |
| Cash | ₩37.24b |
| Equity | ₩221.64b |
| Total liabilities | ₩329.02b |
| Total assets | ₩550.66b |
Recent financial health updates
Recent updates
Sangsin Brake (KRX:041650) Is Looking To Continue Growing Its Returns On Capital
Aug 07
Are Dividend Investors Making A Mistake With Sangsin Brake Co., Ltd. (KRX:041650)?
May 06Here's Why Sangsin Brake (KRX:041650) Is Weighed Down By Its Debt Load
Apr 10Will Sangsin Brake (KRX:041650) Multiply In Value Going Forward?
Mar 14Did You Miss Sangsin Brake's (KRX:041650) 52% Share Price Gain?
Feb 15What To Know Before Buying Sangsin Brake Co., Ltd. (KRX:041650) For Its Dividend
Jan 19Here's Why We're Wary Of Buying Sangsin Brake's (KRX:041650) For Its Upcoming Dividend
Dec 24Our Take On The Returns On Capital At Sangsin Brake (KRX:041650)
Nov 30
Financial Position Analysis
Short Term Liabilities: A041650's short term assets (₩352.6B) exceed its short term liabilities (₩306.9B).
Long Term Liabilities: A041650's short term assets (₩352.6B) exceed its long term liabilities (₩22.2B).
Debt to Equity History and Analysis
Debt Level: A041650's net debt to equity ratio (87.4%) is considered high.
Reducing Debt: A041650's debt to equity ratio has reduced from 105% to 104.2% over the past 5 years.
Debt Coverage: A041650's debt is not well covered by operating cash flow (15.2%).
Interest Coverage: A041650's interest payments on its debt are not well covered by EBIT (2x coverage).