Korea Parts & FastenersLtd Balance Sheet Health
Financial Health criteria checks 5/6
Korea Parts & FastenersLtd has a total shareholder equity of ₩234.0B and total debt of ₩302.0B, which brings its debt-to-equity ratio to 129.1%. Its total assets and total liabilities are ₩653.2B and ₩419.2B respectively. Korea Parts & FastenersLtd's EBIT is ₩44.5B making its interest coverage ratio 3.1. It has cash and short-term investments of ₩78.3B.
Key information
129.1%
Debt to equity ratio
₩302.04b
Debt
| Interest coverage ratio | 3.1x |
| Cash | ₩78.35b |
| Equity | ₩234.01b |
| Total liabilities | ₩419.15b |
| Total assets | ₩653.17b |
Recent financial health updates
Is Korea Parts & FastenersLtd (KOSDAQ:024880) A Risky Investment?
Mar 13
Is Korea Parts & FastenersLtd (KOSDAQ:024880) Using Debt Sensibly?
Dec 01Recent updates
Is Korea Parts & FastenersLtd (KOSDAQ:024880) A Risky Investment?
Mar 13Could Korea Parts & Fasteners Co.,Ltd (KOSDAQ:024880) Have The Makings Of Another Dividend Aristocrat?
Feb 15
A Look At The Fair Value Of Korea Parts & Fasteners Co.,Ltd (KOSDAQ:024880)
Jan 19Don't Race Out To Buy Korea Parts & Fasteners Co.,Ltd (KOSDAQ:024880) Just Because It's Going Ex-Dividend
Dec 24Is Korea Parts & FastenersLtd (KOSDAQ:024880) Using Debt Sensibly?
Dec 01Financial Position Analysis
Short Term Liabilities: A024880's short term assets (₩380.4B) exceed its short term liabilities (₩374.5B).
Long Term Liabilities: A024880's short term assets (₩380.4B) exceed its long term liabilities (₩44.7B).
Debt to Equity History and Analysis
Debt Level: A024880's net debt to equity ratio (95.6%) is considered high.
Reducing Debt: A024880's debt to equity ratio has reduced from 136.1% to 129.1% over the past 5 years.
Debt Coverage: A024880's debt is well covered by operating cash flow (24.3%).
Interest Coverage: A024880's interest payments on its debt are well covered by EBIT (3.1x coverage).