Woongjin Balance Sheet Health
Financial Health criteria checks 3/6
Woongjin has a total shareholder equity of ₩203.5B and total debt of ₩411.1B, which brings its debt-to-equity ratio to 202%. Its total assets and total liabilities are ₩1,004.8B and ₩801.3B respectively. Woongjin's EBIT is ₩28.0B making its interest coverage ratio 1.2. It has cash and short-term investments of ₩55.3B.
Key information
202.0%
Debt to equity ratio
₩411.05b
Debt
| Interest coverage ratio | 1.2x |
| Cash | ₩55.27b |
| Equity | ₩203.46b |
| Total liabilities | ₩801.35b |
| Total assets | ₩1.00t |
Recent financial health updates
Recent updates
The Return Trends At Woongjin (KRX:016880) Look Promising
Aug 06
The Return Trends At Woongjin (KRX:016880) Look Promising
Mar 27Here's Why Woongjin (KRX:016880) Is Weighed Down By Its Debt Load
Feb 20What Type Of Returns Would Woongjin's(KRX:016880) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Jan 16
What Do The Returns At Woongjin (KRX:016880) Mean Going Forward?
Dec 12Financial Position Analysis
Short Term Liabilities: A016880's short term assets (₩423.3B) do not cover its short term liabilities (₩692.1B).
Long Term Liabilities: A016880's short term assets (₩423.3B) exceed its long term liabilities (₩109.2B).
Debt to Equity History and Analysis
Debt Level: A016880's net debt to equity ratio (174.9%) is considered high.
Reducing Debt: A016880's debt to equity ratio has reduced from 381.3% to 202% over the past 5 years.
Debt Coverage: A016880's debt is well covered by operating cash flow (21%).
Interest Coverage: A016880's interest payments on its debt are not well covered by EBIT (1.2x coverage).