Daechang Solution Balance Sheet Health
Financial Health criteria checks 1/6
Daechang Solution has a total shareholder equity of ₩35.8B and total debt of ₩59.8B, which brings its debt-to-equity ratio to 167.2%. Its total assets and total liabilities are ₩128.8B and ₩93.1B respectively. Daechang Solution's EBIT is ₩5.4B making its interest coverage ratio 1.6. It has cash and short-term investments of ₩8.1B.
Key information
167.2%
Debt to equity ratio
₩59.79b
Debt
| Interest coverage ratio | 1.6x |
| Cash | ₩8.06b |
| Equity | ₩35.76b |
| Total liabilities | ₩93.06b |
| Total assets | ₩128.82b |
Recent financial health updates
Does DaeChang Solution (KOSDAQ:096350) Have A Healthy Balance Sheet?
Mar 28
Does DaeChang Solution (KOSDAQ:096350) Have A Healthy Balance Sheet?
Dec 11
Recent updates
The Strong Earnings Posted By Daechang Solution (KOSDAQ:096350) Are A Good Indication Of The Strength Of The Business
Apr 02What Daechang Solution Co., Ltd.'s (KOSDAQ:096350) P/S Is Not Telling You
Feb 29Does DaeChang Solution (KOSDAQ:096350) Have A Healthy Balance Sheet?
Mar 28If You Had Bought DaeChang Solution (KOSDAQ:096350) Shares Three Years Ago You'd Have Earned 38% Returns
Feb 02Does DaeChang Solution (KOSDAQ:096350) Have A Healthy Balance Sheet?
Dec 11Financial Position Analysis
Short Term Liabilities: A096350's short term assets (₩33.3B) do not cover its short term liabilities (₩66.9B).
Long Term Liabilities: A096350's short term assets (₩33.3B) exceed its long term liabilities (₩26.2B).
Debt to Equity History and Analysis
Debt Level: A096350's net debt to equity ratio (144.6%) is considered high.
Reducing Debt: A096350's debt to equity ratio has increased from 162.6% to 167.2% over the past 5 years.
Debt Coverage: A096350's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: A096350's interest payments on its debt are not well covered by EBIT (1.6x coverage).