Hwasung Industrial Balance Sheet Health
Financial Health criteria checks 4/6
Hwasung Industrial has a total shareholder equity of ₩369.4B and total debt of ₩366.5B, which brings its debt-to-equity ratio to 99.2%. Its total assets and total liabilities are ₩991.7B and ₩622.2B respectively. Hwasung Industrial's EBIT is ₩25.3B making its interest coverage ratio 3.2. It has cash and short-term investments of ₩280.5B.
Key information
99.2%
Debt to equity ratio
₩366.50b
Debt
Interest coverage ratio | 3.2x |
Cash | ₩280.52b |
Equity | ₩369.44b |
Total liabilities | ₩622.25b |
Total assets | ₩991.69b |
Recent financial health updates
Recent updates
Hwasung Industrial's (KRX:002460) Problems Go Beyond Weak Profit
Mar 21These 4 Measures Indicate That Hwasung Industrial (KRX:002460) Is Using Debt Safely
Apr 18Hwasung Industrial's (KRX:002460) Shareholders May Want To Dig Deeper Than Statutory Profit
Mar 28Hwasung Industrial (KRX:002460) Is Doing The Right Things To Multiply Its Share Price
Mar 27Financial Position Analysis
Short Term Liabilities: A002460's short term assets (₩798.3B) exceed its short term liabilities (₩344.3B).
Long Term Liabilities: A002460's short term assets (₩798.3B) exceed its long term liabilities (₩277.9B).
Debt to Equity History and Analysis
Debt Level: A002460's net debt to equity ratio (23.3%) is considered satisfactory.
Reducing Debt: A002460's debt to equity ratio has increased from 2.7% to 99.2% over the past 5 years.
Debt Coverage: A002460's debt is not well covered by operating cash flow (1.2%).
Interest Coverage: A002460's interest payments on its debt are well covered by EBIT (3.2x coverage).