SIMPAC Balance Sheet Health
Financial Health criteria checks 4/6
SIMPAC has a total shareholder equity of ₩609.8B and total debt of ₩224.4B, which brings its debt-to-equity ratio to 36.8%. Its total assets and total liabilities are ₩1,010.6B and ₩400.8B respectively. SIMPAC's EBIT is ₩13.9B making its interest coverage ratio 17.5. It has cash and short-term investments of ₩165.4B.
Key information
36.8%
Debt to equity ratio
₩224.45b
Debt
| Interest coverage ratio | 17.5x |
| Cash | ₩165.42b |
| Equity | ₩609.79b |
| Total liabilities | ₩400.84b |
| Total assets | ₩1.01t |
Recent financial health updates
SIMPAC (KRX:009160) Has A Somewhat Strained Balance Sheet
Nov 13
These 4 Measures Indicate That SIMPAC (KRX:009160) Is Using Debt Reasonably Well
Mar 25SIMPAC (KRX:009160) Has A Somewhat Strained Balance Sheet
Mar 19SIMPAC (KRX:009160) Has A Somewhat Strained Balance Sheet
Nov 20Recent updates
Impressive Earnings May Not Tell The Whole Story For SIMPAC (KRX:009160)
Nov 24SIMPAC (KRX:009160) Has A Somewhat Strained Balance Sheet
Nov 13These 4 Measures Indicate That SIMPAC (KRX:009160) Is Using Debt Reasonably Well
Mar 25SIMPAC's (KRX:009160) Returns On Capital Not Reflecting Well On The Business
Apr 29SIMPAC Inc. (KRX:009160) Looks Inexpensive But Perhaps Not Attractive Enough
Apr 06SIMPAC (KRX:009160) Has A Somewhat Strained Balance Sheet
Mar 19What Kind Of Investors Own Most Of SIMPAC Inc. (KRX:009160)?
Feb 26If You Had Bought SIMPAC (KRX:009160) Shares A Year Ago You'd Have Earned 11% Returns
Feb 05
Will SIMPAC (KRX:009160) Multiply In Value Going Forward?
Jan 16Consider This Before Buying SIMPAC Inc. (KRX:009160) For The 2.5% Dividend
Dec 26We Wouldn't Rely On SIMPAC's (KRX:009160) Statutory Earnings As A Guide
Dec 08SIMPAC (KRX:009160) Has A Somewhat Strained Balance Sheet
Nov 20Financial Position Analysis
Short Term Liabilities: A009160's short term assets (₩588.9B) exceed its short term liabilities (₩370.4B).
Long Term Liabilities: A009160's short term assets (₩588.9B) exceed its long term liabilities (₩30.4B).
Debt to Equity History and Analysis
Debt Level: A009160's net debt to equity ratio (9.7%) is considered satisfactory.
Reducing Debt: A009160's debt to equity ratio has increased from 25.1% to 36.8% over the past 5 years.
Debt Coverage: A009160's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: A009160's interest payments on its debt are well covered by EBIT (17.5x coverage).