Hanwha Ocean Balance Sheet Health
Financial Health criteria checks 3/6
Hanwha Ocean has a total shareholder equity of ₩5,225.8B and total debt of ₩5,028.2B, which brings its debt-to-equity ratio to 96.2%. Its total assets and total liabilities are ₩18,303.7B and ₩13,077.9B respectively. Hanwha Ocean's EBIT is ₩825.7B making its interest coverage ratio 6.1. It has cash and short-term investments of ₩1,046.8B.
Key information
96.22%
Debt to equity ratio
₩5.03t
Debt
| Interest coverage ratio | 6.1x |
| Cash | ₩1.05t |
| Equity | ₩5.23t |
| Total liabilities | ₩13.08t |
| Total assets | ₩18.30t |
Recent financial health updates
Does Hanwha Ocean (KRX:042660) Have A Healthy Balance Sheet?
Aug 25
Here's Why Hanwha Ocean (KRX:042660) Has A Meaningful Debt Burden
May 21Is Hanwha Ocean (KRX:042660) Using Too Much Debt?
Dec 23Recent updates
Hanwha Ocean Co., Ltd. (KRX:042660) Looks Just Right With A 31% Price Jump
Oct 28Hanwha Ocean (KRX:042660) Is Experiencing Growth In Returns On Capital
Sep 24Does Hanwha Ocean (KRX:042660) Have A Healthy Balance Sheet?
Aug 25Hanwha Ocean Co., Ltd. (KRX:042660) Not Flying Under The Radar
Jul 26Calculating The Fair Value Of Hanwha Ocean Co., Ltd. (KRX:042660)
Jul 10Hanwha Ocean (KRX:042660) Has More To Do To Multiply In Value Going Forward
Jun 25Statutory Earnings May Not Be The Best Way To Understand Hanwha Ocean's (KRX:042660) True Position
May 23Here's Why Hanwha Ocean (KRX:042660) Has A Meaningful Debt Burden
May 21Hanwha Ocean Co., Ltd. (KRX:042660) Stocks Shoot Up 28% But Its P/E Still Looks Reasonable
Apr 25Is There Now An Opportunity In Hanwha Ocean Co., Ltd. (KRX:042660)?
Mar 29Capital Allocation Trends At Hanwha Ocean (KRX:042660) Aren't Ideal
Mar 11Optimistic Investors Push Hanwha Ocean Co., Ltd. (KRX:042660) Shares Up 38% But Growth Is Lacking
Feb 22Estimating The Intrinsic Value Of Hanwha Ocean Co., Ltd. (KRX:042660)
Feb 03There's Reason For Concern Over Hanwha Ocean Co., Ltd.'s (KRX:042660) Massive 34% Price Jump
Jan 07Is Hanwha Ocean (KRX:042660) Using Too Much Debt?
Dec 23Why Hanwha Ocean Co., Ltd. (KRX:042660) Could Be Worth Watching
Dec 07
Elevating Profits With Critical Expansion Into Defense And LNG Markets
High-priced LNG carriers in the revenue mix are projected to boost profitability and improve financial health by reducing net debt.Statutory Earnings May Not Be The Best Way To Understand Hanwha Ocean's (KRX:042660) True Position
Nov 21Financial Position Analysis
Short Term Liabilities: A042660's short term assets (₩11,517.4B) exceed its short term liabilities (₩10,456.9B).
Long Term Liabilities: A042660's short term assets (₩11,517.4B) exceed its long term liabilities (₩2,621.1B).
Debt to Equity History and Analysis
Debt Level: A042660's net debt to equity ratio (76.2%) is considered high.
Reducing Debt: A042660's debt to equity ratio has increased from 70.9% to 96.2% over the past 5 years.
Debt Coverage: A042660's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: A042660's interest payments on its debt are well covered by EBIT (6.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/07 14:01 |
| End of Day Share Price | 2025/11/07 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Hanwha Ocean Co., Ltd. is covered by 36 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Euisup Lee | BofA Global Research |
| Siew Khee Lim | CGS International |
| Hyun Park | CGS International |