Shin SteelLtd Balance Sheet Health
Financial Health criteria checks 3/6
Shin SteelLtd has a total shareholder equity of ₩76.3B and total debt of ₩102.4B, which brings its debt-to-equity ratio to 134.1%. Its total assets and total liabilities are ₩236.8B and ₩160.5B respectively. Shin SteelLtd's EBIT is ₩9.2B making its interest coverage ratio 2.1. It has cash and short-term investments of ₩23.4B.
Key information
134.1%
Debt to equity ratio
₩102.36b
Debt
| Interest coverage ratio | 2.1x |
| Cash | ₩23.40b |
| Equity | ₩76.33b |
| Total liabilities | ₩160.50b |
| Total assets | ₩236.84b |
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 (₩168.3B) exceed its short term liabilities (₩136.4B).
Long Term Liabilities: A162300's short term assets (₩168.3B) exceed its long term liabilities (₩24.1B).
Debt to Equity History and Analysis
Debt Level: A162300's net debt to equity ratio (103.4%) is considered high.
Reducing Debt: A162300's debt to equity ratio has reduced from 273.5% to 134.1% 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 not well covered by EBIT (2.1x coverage).