Korea Parts & FastenersLtd Balance Sheet Health
Financial Health criteria checks 4/6
Korea Parts & FastenersLtd has a total shareholder equity of ₩251.9B and total debt of ₩300.0B, which brings its debt-to-equity ratio to 119.1%. Its total assets and total liabilities are ₩653.2B and ₩401.2B respectively. Korea Parts & FastenersLtd's EBIT is ₩42.3B making its interest coverage ratio 3.3. It has cash and short-term investments of ₩66.3B.
Key information
119.1%
Debt to equity ratio
₩300.01b
Debt
| Interest coverage ratio | 3.3x |
| Cash | ₩66.30b |
| Equity | ₩251.94b |
| Total liabilities | ₩401.25b |
| Total assets | ₩653.19b |
Recent financial health updates
We Think Korea Parts & FastenersLtd (KOSDAQ:024880) Is Taking Some Risk With Its Debt
Nov 14
Here's Why Korea Parts & FastenersLtd (KOSDAQ:024880) Has A Meaningful Debt Burden
Jul 17Is Korea Parts & FastenersLtd (KOSDAQ:024880) A Risky Investment?
Mar 13Is Korea Parts & FastenersLtd (KOSDAQ:024880) Using Debt Sensibly?
Dec 01Recent updates
We Think Korea Parts & FastenersLtd (KOSDAQ:024880) Is Taking Some Risk With Its Debt
Nov 14Lacklustre Performance Is Driving Korea Parts & Fasteners Co.,Ltd's (KOSDAQ:024880) Low P/E
Sep 04Here's Why Korea Parts & FastenersLtd (KOSDAQ:024880) Has A Meaningful Debt Burden
Jul 17Korea Parts & Fasteners Co.,Ltd's (KOSDAQ:024880) Share Price Boosted 29% But Its Business Prospects Need A Lift Too
May 21Is 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 (₩383.9B) exceed its short term liabilities (₩351.6B).
Long Term Liabilities: A024880's short term assets (₩383.9B) exceed its long term liabilities (₩49.7B).
Debt to Equity History and Analysis
Debt Level: A024880's net debt to equity ratio (92.8%) is considered high.
Reducing Debt: A024880's debt to equity ratio has reduced from 126.3% to 119.1% over the past 5 years.
Debt Coverage: A024880's debt is not well covered by operating cash flow (9.2%).
Interest Coverage: A024880's interest payments on its debt are well covered by EBIT (3.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 11:34 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Korea Parts & Fasteners Co.,Ltd is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jun-Ho Byun | Eugene Investment & Securities Co Ltd. |
| Bo Choi | MERITZ Securities Co., Ltd. |
| Younghoo Joo | NH Investment & Securities Co., Ltd. |