AK Holdings Balance Sheet Health
Financial Health criteria checks 2/6
AK Holdings has a total shareholder equity of ₩1,297.6B and total debt of ₩1,393.8B, which brings its debt-to-equity ratio to 107.4%. Its total assets and total liabilities are ₩5,315.0B and ₩4,017.4B respectively. AK Holdings's EBIT is ₩278.9B making its interest coverage ratio 2.8. It has cash and short-term investments of ₩671.1B.
Key information
107.4%
Debt to equity ratio
₩1.39t
Debt
Interest coverage ratio | 2.8x |
Cash | ₩671.05b |
Equity | ₩1.30t |
Total liabilities | ₩4.02t |
Total assets | ₩5.31t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A006840's short term assets (₩1,520.3B) do not cover its short term liabilities (₩2,771.7B).
Long Term Liabilities: A006840's short term assets (₩1,520.3B) exceed its long term liabilities (₩1,245.7B).
Debt to Equity History and Analysis
Debt Level: A006840's net debt to equity ratio (55.7%) is considered high.
Reducing Debt: A006840's debt to equity ratio has increased from 53% to 107.4% over the past 5 years.
Debt Coverage: A006840's debt is well covered by operating cash flow (37.8%).
Interest Coverage: A006840's interest payments on its debt are not well covered by EBIT (2.8x coverage).