Shinsung Delta TechLtd Balance Sheet Health
Financial Health criteria checks 3/6
Shinsung Delta TechLtd has a total shareholder equity of ₩309.9B and total debt of ₩256.9B, which brings its debt-to-equity ratio to 82.9%. Its total assets and total liabilities are ₩751.8B and ₩441.9B respectively. Shinsung Delta TechLtd's EBIT is ₩21.7B making its interest coverage ratio 1.8. It has cash and short-term investments of ₩99.7B.
Key information
82.9%
Debt to equity ratio
₩256.87b
Debt
| Interest coverage ratio | 1.8x |
| Cash | ₩99.72b |
| Equity | ₩309.92b |
| Total liabilities | ₩441.89b |
| Total assets | ₩751.82b |
Recent financial health updates
Is Shinsung Delta TechLtd (KOSDAQ:065350) A Risky Investment?
Aug 07
Does Shinsung Delta TechLtd (KOSDAQ:065350) Have A Healthy Balance Sheet?
Mar 22Is Shinsung Delta TechLtd (KOSDAQ:065350) A Risky Investment?
Mar 14Shinsung Delta TechLtd (KOSDAQ:065350) Seems To Be Using A Lot Of Debt
Dec 13
Recent updates
Shinsung Delta Tech Co.,Ltd.'s (KOSDAQ:065350) P/S Is On The Mark
Oct 24Returns On Capital At Shinsung Delta TechLtd (KOSDAQ:065350) Have Stalled
Sep 27Is Shinsung Delta TechLtd (KOSDAQ:065350) A Risky Investment?
Aug 07The Returns At Shinsung Delta TechLtd (KOSDAQ:065350) Aren't Growing
Jun 14Shinsung Delta Tech Co.,Ltd. (KOSDAQ:065350) Shares Slammed 28% But Getting In Cheap Might Be Difficult Regardless
Apr 22Does Shinsung Delta TechLtd (KOSDAQ:065350) Have A Healthy Balance Sheet?
Mar 22Why Investors Shouldn't Be Surprised By Shinsung Delta Tech Co.,Ltd.'s (KOSDAQ:065350) 59% Share Price Surge
Feb 29There's Been No Shortage Of Growth Recently For Shinsung Delta TechLtd's (KOSDAQ:065350) Returns On Capital
Apr 13Is Shinsung Delta TechLtd (KOSDAQ:065350) A Risky Investment?
Mar 14What Is The Ownership Structure Like For Shinsung Delta Tech Co.,Ltd. (KOSDAQ:065350)?
Feb 19Here's How We Evaluate Shinsung Delta Tech Co.,Ltd.'s (KOSDAQ:065350) Dividend
Feb 06Does Shinsung Delta Tech Co.,Ltd.'s (KOSDAQ:065350) Weak Fundamentals Mean That The Market Could Correct Its Share Price?
Jan 24Will the Promising Trends At Shinsung Delta TechLtd (KOSDAQ:065350) Continue?
Jan 10If You Had Bought Shinsung Delta TechLtd (KOSDAQ:065350) Stock A Year Ago, You Could Pocket A 103% Gain Today
Dec 26Shinsung Delta TechLtd (KOSDAQ:065350) Seems To Be Using A Lot Of Debt
Dec 13Should You Use Shinsung Delta TechLtd's (KOSDAQ:065350) Statutory Earnings To Analyse It?
Nov 30What Type Of Shareholders Make Up Shinsung Delta Tech Co.,Ltd.'s (KOSDAQ:065350) Share Registry?
Nov 17Financial Position Analysis
Short Term Liabilities: A065350's short term assets (₩422.6B) exceed its short term liabilities (₩408.3B).
Long Term Liabilities: A065350's short term assets (₩422.6B) exceed its long term liabilities (₩33.6B).
Debt to Equity History and Analysis
Debt Level: A065350's net debt to equity ratio (50.7%) is considered high.
Reducing Debt: A065350's debt to equity ratio has reduced from 96.8% to 82.9% over the past 5 years.
Debt Coverage: A065350's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: A065350's interest payments on its debt are not well covered by EBIT (1.8x coverage).