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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 21:50 |
| End of Day Share Price | 2025/01/08 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 |
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| 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
Daedong Corporation is covered by 4 analysts. 0 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 |
|---|---|
| Tae Woong Eom | Bookook Securities Co. Ltd |
| Jun Ki Baek | NH Investment & Securities Co., Ltd. |
| Ji-Yeon Son | Shinhan Investment Corp. |