Shin Heung Energy & ElectronicsLtd Balance Sheet Health
Financial Health criteria checks 2/6
Shin Heung Energy & ElectronicsLtd has a total shareholder equity of ₩353.2B and total debt of ₩406.6B, which brings its debt-to-equity ratio to 115.1%. Its total assets and total liabilities are ₩858.1B and ₩504.9B respectively. Shin Heung Energy & ElectronicsLtd's EBIT is ₩43.5B making its interest coverage ratio 2.5. It has cash and short-term investments of ₩96.3B.
Key information
115.1%
Debt to equity ratio
₩406.56b
Debt
| Interest coverage ratio | 2.5x |
| Cash | ₩96.27b |
| Equity | ₩353.18b |
| Total liabilities | ₩504.88b |
| Total assets | ₩858.06b |
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 (₩220.5B) do not cover its short term liabilities (₩293.5B).
Long Term Liabilities: A243840's short term assets (₩220.5B) exceed its long term liabilities (₩211.3B).
Debt to Equity History and Analysis
Debt Level: A243840's net debt to equity ratio (87.9%) is considered high.
Reducing Debt: A243840's debt to equity ratio has reduced from 166.5% to 115.1% over the past 5 years.
Debt Coverage: A243840's debt is not well covered by operating cash flow (6.6%).
Interest Coverage: A243840's interest payments on its debt are not well covered by EBIT (2.5x coverage).