Daechang Solution Balance Sheet Health
Financial Health criteria checks 2/6
Daechang Solution has a total shareholder equity of ₩37.6B and total debt of ₩63.0B, which brings its debt-to-equity ratio to 167.3%. Its total assets and total liabilities are ₩135.5B and ₩97.9B respectively. Daechang Solution's EBIT is ₩1.8B making its interest coverage ratio 0.4. It has cash and short-term investments of ₩11.0B.
Key information
167.3%
Debt to equity ratio
₩62.96b
Debt
| Interest coverage ratio | 0.4x |
| Cash | ₩10.98b |
| Equity | ₩37.63b |
| Total liabilities | ₩97.88b |
| Total assets | ₩135.51b |
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
There's Reason For Concern Over Daechang Solution Co., Ltd.'s (KOSDAQ:096350) Price
Nov 08The 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 (₩40.1B) do not cover its short term liabilities (₩65.4B).
Long Term Liabilities: A096350's short term assets (₩40.1B) exceed its long term liabilities (₩32.5B).
Debt to Equity History and Analysis
Debt Level: A096350's net debt to equity ratio (138.1%) is considered high.
Reducing Debt: A096350's debt to equity ratio has reduced from 173.4% to 167.3% 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 (0.4x coverage).