TaewoongLtd Balance Sheet Health
Financial Health criteria checks 6/6
TaewoongLtd has a total shareholder equity of ₩519.1B and total debt of ₩117.1B, which brings its debt-to-equity ratio to 22.6%. Its total assets and total liabilities are ₩748.1B and ₩229.0B respectively. TaewoongLtd's EBIT is ₩44.3B making its interest coverage ratio 6.6. It has cash and short-term investments of ₩24.4B.
Key information
22.6%
Debt to equity ratio
₩117.07b
Debt
Interest coverage ratio | 6.6x |
Cash | ₩24.38b |
Equity | ₩519.08b |
Total liabilities | ₩229.03b |
Total assets | ₩748.11b |
Recent financial health updates
Recent updates
We Ran A Stock Scan For Earnings Growth And TaewoongLtd (KOSDAQ:044490) Passed With Ease
Jun 28There's Reason For Concern Over Taewoong Co.,Ltd's (KOSDAQ:044490) Massive 25% Price Jump
May 14Taewoong Co.,Ltd's (KOSDAQ:044490) 29% Price Boost Is Out Of Tune With Revenues
Mar 28We Think TaewoongLtd (KOSDAQ:044490) Can Stay On Top Of Its Debt
Mar 12Financial Position Analysis
Short Term Liabilities: A044490's short term assets (₩334.6B) exceed its short term liabilities (₩110.6B).
Long Term Liabilities: A044490's short term assets (₩334.6B) exceed its long term liabilities (₩118.5B).
Debt to Equity History and Analysis
Debt Level: A044490's net debt to equity ratio (17.9%) is considered satisfactory.
Reducing Debt: A044490's debt to equity ratio has reduced from 50% to 22.6% over the past 5 years.
Debt Coverage: A044490's debt is well covered by operating cash flow (54.5%).
Interest Coverage: A044490's interest payments on its debt are well covered by EBIT (6.6x coverage).