Korea Engineering Consultants Balance Sheet Health
Financial Health criteria checks 5/6
Korea Engineering Consultants has a total shareholder equity of ₩156.7B and total debt of ₩24.0B, which brings its debt-to-equity ratio to 15.3%. Its total assets and total liabilities are ₩381.2B and ₩224.5B respectively. Korea Engineering Consultants's EBIT is ₩4.0B making its interest coverage ratio -20.6. It has cash and short-term investments of ₩60.3B.
Key information
15.3%
Debt to equity ratio
₩24.00b
Debt
Interest coverage ratio | -20.6x |
Cash | ₩60.35b |
Equity | ₩156.66b |
Total liabilities | ₩224.52b |
Total assets | ₩381.18b |
Recent financial health updates
Recent updates
Here's What We Make Of Korea Engineering Consultants' (KRX:023350) Returns On Capital
Mar 07Does Korea Engineering Consultants (KRX:023350) Have A Healthy Balance Sheet?
Jan 31The Korea Engineering Consultants (KRX:023350) Share Price Is Up 29% And Shareholders Are Holding On
Dec 27What Korea Engineering Consultants' (KRX:023350) Returns On Capital Can Tell Us
Nov 22Financial Position Analysis
Short Term Liabilities: A023350's short term assets (₩162.6B) do not cover its short term liabilities (₩188.3B).
Long Term Liabilities: A023350's short term assets (₩162.6B) exceed its long term liabilities (₩36.2B).
Debt to Equity History and Analysis
Debt Level: A023350 has more cash than its total debt.
Reducing Debt: A023350's debt to equity ratio has reduced from 51% to 15.3% over the past 5 years.
Debt Coverage: A023350's debt is well covered by operating cash flow (83.1%).
Interest Coverage: A023350 earns more interest than it pays, so coverage of interest payments is not a concern.