Woongjin Balance Sheet Health
Financial Health criteria checks 2/6
Woongjin has a total shareholder equity of ₩191.6B and total debt of ₩415.5B, which brings its debt-to-equity ratio to 216.9%. Its total assets and total liabilities are ₩1,027.1B and ₩835.5B respectively. Woongjin's EBIT is ₩22.4B making its interest coverage ratio 1. It has cash and short-term investments of ₩54.0B.
Key information
216.9%
Debt to equity ratio
₩415.54b
Debt
Interest coverage ratio | 1x |
Cash | ₩53.99b |
Equity | ₩191.62b |
Total liabilities | ₩835.45b |
Total assets | ₩1.03t |
Recent financial health updates
Recent updates
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 16What Do The Returns At Woongjin (KRX:016880) Mean Going Forward?
Dec 12Financial Position Analysis
Short Term Liabilities: A016880's short term assets (₩432.1B) do not cover its short term liabilities (₩632.0B).
Long Term Liabilities: A016880's short term assets (₩432.1B) exceed its long term liabilities (₩203.5B).
Debt to Equity History and Analysis
Debt Level: A016880's net debt to equity ratio (188.7%) is considered high.
Reducing Debt: A016880's debt to equity ratio has increased from 41.1% to 216.9% over the past 5 years.
Debt Coverage: A016880's debt is well covered by operating cash flow (22.4%).
Interest Coverage: A016880's interest payments on its debt are not well covered by EBIT (1x coverage).