SIMPAC Balance Sheet Health
Financial Health criteria checks 4/6
SIMPAC has a total shareholder equity of ₩582.6B and total debt of ₩327.9B, which brings its debt-to-equity ratio to 56.3%. Its total assets and total liabilities are ₩1,057.9B and ₩475.3B respectively. SIMPAC's EBIT is ₩17.5B making its interest coverage ratio 8.5. It has cash and short-term investments of ₩353.1B.
Key information
56.3%
Debt to equity ratio
₩327.89b
Debt
| Interest coverage ratio | 8.5x |
| Cash | ₩353.11b |
| Equity | ₩582.58b |
| Total liabilities | ₩475.34b |
| Total assets | ₩1.06t |
Recent financial health updates
These 4 Measures Indicate That SIMPAC (KRX:009160) Is Using Debt Reasonably Well
Mar 25
SIMPAC (KRX:009160) Has A Somewhat Strained Balance Sheet
Mar 19SIMPAC (KRX:009160) Has A Somewhat Strained Balance Sheet
Nov 20Recent updates
These 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 (₩643.8B) exceed its short term liabilities (₩453.8B).
Long Term Liabilities: A009160's short term assets (₩643.8B) exceed its long term liabilities (₩21.5B).
Debt to Equity History and Analysis
Debt Level: A009160 has more cash than its total debt.
Reducing Debt: A009160's debt to equity ratio has increased from 26.1% to 56.3% over the past 5 years.
Debt Coverage: A009160's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: A009160's interest payments on its debt are well covered by EBIT (8.5x coverage).