Shin Heung Energy & ElectronicsLtd Balance Sheet Health
Financial Health criteria checks 1/6
Shin Heung Energy & ElectronicsLtd has a total shareholder equity of ₩347.7B and total debt of ₩406.6B, which brings its debt-to-equity ratio to 116.9%. Its total assets and total liabilities are ₩830.4B and ₩482.7B respectively. Shin Heung Energy & ElectronicsLtd's EBIT is ₩30.8B making its interest coverage ratio 2.4. It has cash and short-term investments of ₩77.7B.
Key information
116.9%
Debt to equity ratio
₩406.59b
Debt
| Interest coverage ratio | 2.4x |
| Cash | ₩77.72b |
| Equity | ₩347.72b |
| Total liabilities | ₩482.67b |
| Total assets | ₩830.39b |
Recent financial health updates
Is Shin Heung Energy & ElectronicsLtd (KOSDAQ:243840) A Risky Investment?
Mar 16
We Think Shin Heung Energy & ElectronicsLtd (KOSDAQ:243840) Is Taking Some Risk With Its Debt
Nov 18Recent updates
Investors Give Shin Heung Energy & Electronics Co.,Ltd. (KOSDAQ:243840) Shares A 28% Hiding
Nov 13Here's What To Make Of Shin Heung Energy & ElectronicsLtd's (KOSDAQ:243840) Decelerating Rates Of Return
Oct 18Unpleasant Surprises Could Be In Store For Shin Heung Energy & Electronics Co.,Ltd.'s (KOSDAQ:243840) Shares
Sep 24There May Be Underlying Issues With The Quality Of Shin Heung Energy & ElectronicsLtd's (KOSDAQ:243840) Earnings
Mar 27Shin Heung Energy & Electronics Co.,Ltd.'s (KOSDAQ:243840) P/E Is Still On The Mark Following 25% Share Price Bounce
Mar 20Should You Investigate Shin Heung Energy & Electronics Co.,Ltd. (KOSDAQ:243840) At ₩49,900?
Apr 14If You Like EPS Growth Then Check Out Shin Heung Energy & ElectronicsLtd (KOSDAQ:243840) Before It's Too Late
Mar 30Is Shin Heung Energy & ElectronicsLtd (KOSDAQ:243840) A Risky Investment?
Mar 16Should You Be Impressed By Shin Heung Energy & Electronics Co.,Ltd.'s (KOSDAQ:243840) ROE?
Mar 02What Do The Returns At Shin Heung Energy & ElectronicsLtd (KOSDAQ:243840) Mean Going Forward?
Feb 17What To Know Before Buying Shin Heung Energy & Electronics Co.,Ltd. (KOSDAQ:243840) For Its Dividend
Feb 02How Much Of Shin Heung Energy & Electronics Co.,Ltd. (KOSDAQ:243840) Do Insiders Own?
Jan 18At ₩48,500, Is Shin Heung Energy & Electronics Co.,Ltd. (KOSDAQ:243840) Worth Looking At Closely?
Jan 07Shin Heung Energy & ElectronicsLtd's (KOSDAQ:243840) Earnings Are Growing But Is There More To The Story?
Dec 27I Ran A Stock Scan For Earnings Growth And Shin Heung Energy & ElectronicsLtd (KOSDAQ:243840) Passed With Ease
Dec 15
Introducing Shin Heung Energy & ElectronicsLtd (KOSDAQ:243840), A Stock That Climbed 82% In The Last Three Years
Dec 01We Think Shin Heung Energy & ElectronicsLtd (KOSDAQ:243840) Is Taking Some Risk With Its Debt
Nov 18Financial Position Analysis
Short Term Liabilities: A243840's short term assets (₩191.0B) do not cover its short term liabilities (₩270.0B).
Long Term Liabilities: A243840's short term assets (₩191.0B) do not cover its long term liabilities (₩212.7B).
Debt to Equity History and Analysis
Debt Level: A243840's net debt to equity ratio (94.6%) is considered high.
Reducing Debt: A243840's debt to equity ratio has reduced from 163.1% to 116.9% over the past 5 years.
Debt Coverage: A243840's debt is not well covered by operating cash flow (3.5%).
Interest Coverage: A243840's interest payments on its debt are not well covered by EBIT (2.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 19:17 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Shin Heung Energy & Electronics Co.,Ltd. is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | DBS Bank Ltd |
| Byung Hwa Han | Eugene Investment & Securities Co Ltd. |
| Se Hoon Sohn | NH Investment & Securities Co., Ltd. |