Sangsin Brake Balance Sheet Health
Financial Health criteria checks 2/6
Sangsin Brake has a total shareholder equity of ₩211.8B and total debt of ₩242.5B, which brings its debt-to-equity ratio to 114.5%. Its total assets and total liabilities are ₩564.9B and ₩353.0B respectively. Sangsin Brake's EBIT is ₩27.5B making its interest coverage ratio 2.1. It has cash and short-term investments of ₩42.9B.
Key information
114.5%
Debt to equity ratio
₩242.52b
Debt
| Interest coverage ratio | 2.1x |
| Cash | ₩42.86b |
| Equity | ₩211.84b |
| Total liabilities | ₩353.04b |
| Total assets | ₩564.87b |
Recent financial health updates
Recent updates
Are Dividend Investors Making A Mistake With Sangsin Brake Co., Ltd. (KRX:041650)?
May 06
Here'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 (₩356.1B) exceed its short term liabilities (₩320.7B).
Long Term Liabilities: A041650's short term assets (₩356.1B) exceed its long term liabilities (₩32.4B).
Debt to Equity History and Analysis
Debt Level: A041650's net debt to equity ratio (94.3%) is considered high.
Reducing Debt: A041650's debt to equity ratio has increased from 101% to 114.5% over the past 5 years.
Debt Coverage: A041650's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: A041650's interest payments on its debt are not well covered by EBIT (2.1x coverage).