Daedong Balance Sheet Health
Financial Health criteria checks 2/6
Daedong has a total shareholder equity of ₩632.0B and total debt of ₩1,086.6B, which brings its debt-to-equity ratio to 171.9%. Its total assets and total liabilities are ₩2,330.6B and ₩1,698.6B respectively. Daedong's EBIT is ₩19.7B making its interest coverage ratio 0.3. It has cash and short-term investments of ₩48.1B.
Key information
171.9%
Debt to equity ratio
₩1.09t
Debt
| Interest coverage ratio | 0.3x |
| Cash | ₩48.12b |
| Equity | ₩632.00b |
| Total liabilities | ₩1.70t |
| Total assets | ₩2.33t |
Recent financial health updates
Recent updates
Daedong Corporation (KRX:000490) Looks Inexpensive But Perhaps Not Attractive Enough
Nov 20
Daedong (KRX:000490) Is Doing The Right Things To Multiply Its Share Price
Aug 08Daedong (KRX:000490) Posted Weak Earnings But There Is More To Worry About
Mar 27Should You Be Adding Daedong Industrial (KRX:000490) To Your Watchlist Today?
Apr 03Does Daedong Industrial (KRX:000490) Have A Healthy Balance Sheet?
Feb 18Update: Daedong Industrial (KRX:000490) Stock Gained 45% In The Last Year
Jan 28
We Like These Underlying Trends At Daedong Industrial (KRX:000490)
Jan 11Here's What We Like About Daedong Industrial's (KRX:000490) Upcoming Dividend
Dec 24Why Daedong Industrial Co., Ltd. (KRX:000490) Is A Top Dividend Stock
Dec 16Are Daedong Industrial's (KRX:000490) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 01Financial Position Analysis
Short Term Liabilities: A000490's short term assets (₩1,350.8B) exceed its short term liabilities (₩1,296.7B).
Long Term Liabilities: A000490's short term assets (₩1,350.8B) exceed its long term liabilities (₩401.8B).
Debt to Equity History and Analysis
Debt Level: A000490's net debt to equity ratio (164.3%) is considered high.
Reducing Debt: A000490's debt to equity ratio has increased from 171.8% to 171.9% over the past 5 years.
Debt Coverage: A000490's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: A000490's interest payments on its debt are not well covered by EBIT (0.3x coverage).