Shin SteelLtd Balance Sheet Health
Financial Health criteria checks 4/6
Shin SteelLtd has a total shareholder equity of ₩71.6B and total debt of ₩97.4B, which brings its debt-to-equity ratio to 136%. Its total assets and total liabilities are ₩241.8B and ₩170.2B respectively. Shin SteelLtd's EBIT is ₩11.7B making its interest coverage ratio 3.3. It has cash and short-term investments of ₩25.0B.
Key information
136.0%
Debt to equity ratio
₩97.35b
Debt
| Interest coverage ratio | 3.3x |
| Cash | ₩24.96b |
| Equity | ₩71.57b |
| Total liabilities | ₩170.20b |
| Total assets | ₩241.77b |
Recent financial health updates
Shin SteelLtd (KOSDAQ:162300) Takes On Some Risk With Its Use Of Debt
Sep 26
Is Shin SteelLtd (KOSDAQ:162300) A Risky Investment?
May 13Recent updates
Financial Position Analysis
Short Term Liabilities: A162300's short term assets (₩177.4B) exceed its short term liabilities (₩145.5B).
Long Term Liabilities: A162300's short term assets (₩177.4B) exceed its long term liabilities (₩24.7B).
Debt to Equity History and Analysis
Debt Level: A162300's net debt to equity ratio (101.1%) is considered high.
Reducing Debt: A162300's debt to equity ratio has reduced from 276.8% to 136% over the past 5 years.
Debt Coverage: A162300's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: A162300's interest payments on its debt are well covered by EBIT (3.3x coverage).