Daedong Balance Sheet Health
Financial Health criteria checks 3/6
Daedong has a total shareholder equity of ₩662.8B and total debt of ₩1,016.8B, which brings its debt-to-equity ratio to 153.4%. Its total assets and total liabilities are ₩2,392.6B and ₩1,729.8B respectively. Daedong's EBIT is ₩48.4B making its interest coverage ratio 0.8. It has cash and short-term investments of ₩86.0B.
Key information
153.4%
Debt to equity ratio
₩1.02t
Debt
| Interest coverage ratio | 0.8x |
| Cash | ₩86.02b |
| Equity | ₩662.83b |
| Total liabilities | ₩1.73t |
| Total assets | ₩2.39t |
Recent financial health updates
Recent updates
Daedong (KRX:000490) Is Doing The Right Things To Multiply Its Share Price
Aug 08
Daedong (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 (₩1,454.5B) exceed its short term liabilities (₩1,363.1B).
Long Term Liabilities: A000490's short term assets (₩1,454.5B) exceed its long term liabilities (₩366.7B).
Debt to Equity History and Analysis
Debt Level: A000490's net debt to equity ratio (140.4%) is considered high.
Reducing Debt: A000490's debt to equity ratio has reduced from 160.7% to 153.4% 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 (0.8x coverage).