KANGWON ENERGY Balance Sheet Health
Financial Health criteria checks 3/6
KANGWON ENERGY has a total shareholder equity of ₩41.2B and total debt of ₩71.7B, which brings its debt-to-equity ratio to 174%. Its total assets and total liabilities are ₩153.0B and ₩111.8B respectively. KANGWON ENERGY's EBIT is ₩8.0B making its interest coverage ratio 3.2. It has cash and short-term investments of ₩21.0B.
Key information
174.0%
Debt to equity ratio
₩71.72b
Debt
Interest coverage ratio | 3.2x |
Cash | ₩21.00b |
Equity | ₩41.21b |
Total liabilities | ₩111.77b |
Total assets | ₩152.98b |
Recent financial health updates
Recent updates
KANGWON ENERGY (KOSDAQ:114190) Takes On Some Risk With Its Use Of Debt
Jul 22Revenues Tell The Story For KANGWON ENERGY Co., Ltd. (KOSDAQ:114190) As Its Stock Soars 27%
Jun 16Returns Are Gaining Momentum At KANGWON ENERGY (KOSDAQ:114190)
May 22KANGWON ENERGY Co., Ltd. (KOSDAQ:114190) Shares Slammed 25% But Getting In Cheap Might Be Difficult Regardless
Apr 17KANGWON ENERGY's (KOSDAQ:114190) Earnings Might Not Be As Promising As They Seem
Mar 28Revenues Not Telling The Story For KANGWON ENERGY Co., Ltd. (KOSDAQ:114190) After Shares Rise 27%
Feb 26Financial Position Analysis
Short Term Liabilities: A114190's short term assets (₩102.1B) exceed its short term liabilities (₩90.8B).
Long Term Liabilities: A114190's short term assets (₩102.1B) exceed its long term liabilities (₩20.9B).
Debt to Equity History and Analysis
Debt Level: A114190's net debt to equity ratio (123.1%) is considered high.
Reducing Debt: A114190's debt to equity ratio has increased from 47.3% to 174% over the past 5 years.
Debt Coverage: A114190's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: A114190's interest payments on its debt are well covered by EBIT (3.2x coverage).