TaewoongLtd Balance Sheet Health
Financial Health criteria checks 5/6
TaewoongLtd has a total shareholder equity of ₩512.4B and total debt of ₩136.6B, which brings its debt-to-equity ratio to 26.7%. Its total assets and total liabilities are ₩743.2B and ₩230.8B respectively. TaewoongLtd's EBIT is ₩39.5B making its interest coverage ratio 5.6. It has cash and short-term investments of ₩29.0B.
Key information
26.7%
Debt to equity ratio
₩136.58b
Debt
Interest coverage ratio | 5.6x |
Cash | ₩29.02b |
Equity | ₩512.43b |
Total liabilities | ₩230.80b |
Total assets | ₩743.22b |
Financial Position Analysis
Short Term Liabilities: A044490's short term assets (₩329.5B) exceed its short term liabilities (₩99.1B).
Long Term Liabilities: A044490's short term assets (₩329.5B) exceed its long term liabilities (₩131.7B).
Debt to Equity History and Analysis
Debt Level: A044490's net debt to equity ratio (21%) is considered satisfactory.
Reducing Debt: A044490's debt to equity ratio has reduced from 47.7% to 26.7% over the past 5 years.
Debt Coverage: A044490's debt is not well covered by operating cash flow (14.6%).
Interest Coverage: A044490's interest payments on its debt are well covered by EBIT (5.6x coverage).