Kumho Tire Balance Sheet Health
Financial Health criteria checks 5/6
Kumho Tire has a total shareholder equity of ₩1,633.5B and total debt of ₩2,093.4B, which brings its debt-to-equity ratio to 128.2%. Its total assets and total liabilities are ₩5,022.4B and ₩3,388.9B respectively. Kumho Tire's EBIT is ₩565.5B making its interest coverage ratio 3.6. It has cash and short-term investments of ₩275.5B.
Key information
128.2%
Debt to equity ratio
₩2.09t
Debt
| Interest coverage ratio | 3.6x |
| Cash | ₩275.51b |
| Equity | ₩1.63t |
| Total liabilities | ₩3.39t |
| Total assets | ₩5.02t |
Recent financial health updates
Kumho Tire (KRX:073240) Has A Somewhat Strained Balance Sheet
Apr 20
Is Kumho Tire (KRX:073240) Using Debt In A Risky Way?
May 05Recent updates
Positive Sentiment Still Eludes Kumho Tire Co., Inc. (KRX:073240) Following 32% Share Price Slump
Aug 06The Return Trends At Kumho Tire (KRX:073240) Look Promising
Jun 10Investors 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 (₩2,088.4B) exceed its short term liabilities (₩2,033.8B).
Long Term Liabilities: A073240's short term assets (₩2,088.4B) exceed its long term liabilities (₩1,355.1B).
Debt to Equity History and Analysis
Debt Level: A073240's net debt to equity ratio (111.3%) is considered high.
Reducing Debt: A073240's debt to equity ratio has reduced from 138.9% to 128.2% over the past 5 years.
Debt Coverage: A073240's debt is well covered by operating cash flow (30.3%).
Interest Coverage: A073240's interest payments on its debt are well covered by EBIT (3.6x coverage).