Kumho Tire Balance Sheet Health
Financial Health criteria checks 3/6
Kumho Tire has a total shareholder equity of ₩1,399.1B and total debt of ₩2,185.8B, which brings its debt-to-equity ratio to 156.2%. Its total assets and total liabilities are ₩4,831.0B and ₩3,431.9B respectively. Kumho Tire's EBIT is ₩410.9B making its interest coverage ratio 2.5. It has cash and short-term investments of ₩336.8B.
Key information
156.2%
Debt to equity ratio
₩2.19t
Debt
Interest coverage ratio | 2.5x |
Cash | ₩336.77b |
Equity | ₩1.40t |
Total liabilities | ₩3.43t |
Total assets | ₩4.83t |
Recent financial health updates
Kumho Tire (KRX:073240) Has A Somewhat Strained Balance Sheet
Apr 20Is Kumho Tire (KRX:073240) Using Debt In A Risky Way?
May 05Recent updates
Investors Appear Satisfied With Kumho Tire Co., Inc.'s (KRX:073240) Prospects As Shares Rocket 36%
May 02Kumho Tire (KRX:073240) Has A Somewhat Strained Balance Sheet
Apr 20We Like These Underlying Return On Capital Trends At Kumho Tire (KRX:073240)
Feb 29Is Kumho Tire (KRX:073240) Using Debt In A Risky Way?
May 05Financial Position Analysis
Short Term Liabilities: A073240's short term assets (₩2,002.2B) exceed its short term liabilities (₩1,886.3B).
Long Term Liabilities: A073240's short term assets (₩2,002.2B) exceed its long term liabilities (₩1,545.6B).
Debt to Equity History and Analysis
Debt Level: A073240's net debt to equity ratio (132.2%) is considered high.
Reducing Debt: A073240's debt to equity ratio has increased from 148% to 156.2% over the past 5 years.
Debt Coverage: A073240's debt is well covered by operating cash flow (23.1%).
Interest Coverage: A073240's interest payments on its debt are not well covered by EBIT (2.5x coverage).