Woongjin Balance Sheet Health
Financial Health criteria checks 2/6
Woongjin has a total shareholder equity of ₩191.1B and total debt of ₩414.5B, which brings its debt-to-equity ratio to 216.8%. Its total assets and total liabilities are ₩1,006.7B and ₩815.6B respectively. Woongjin's EBIT is ₩27.2B making its interest coverage ratio 1.2. It has cash and short-term investments of ₩41.0B.
Key information
216.8%
Debt to equity ratio
₩414.46b
Debt
| Interest coverage ratio | 1.2x |
| Cash | ₩41.00b |
| Equity | ₩191.13b |
| Total liabilities | ₩815.57b |
| Total assets | ₩1.01t |
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 (₩417.9B) do not cover its short term liabilities (₩599.5B).
Long Term Liabilities: A016880's short term assets (₩417.9B) exceed its long term liabilities (₩216.0B).
Debt to Equity History and Analysis
Debt Level: A016880's net debt to equity ratio (195.4%) is considered high.
Reducing Debt: A016880's debt to equity ratio has reduced from 431.8% to 216.8% over the past 5 years.
Debt Coverage: A016880's debt is not well covered by operating cash flow (19%).
Interest Coverage: A016880's interest payments on its debt are not well covered by EBIT (1.2x coverage).