Hanwha Ocean Co., Ltd.

KOSE:A042660 Stock Report

Market Cap: ₩13.8t

Hanwha Ocean Balance Sheet Health

Financial Health criteria checks 2/6

Hanwha Ocean has a total shareholder equity of ₩4,180.8B and total debt of ₩4,888.5B, which brings its debt-to-equity ratio to 116.9%. Its total assets and total liabilities are ₩16,367.0B and ₩12,186.2B respectively. Hanwha Ocean's EBIT is ₩21.9B making its interest coverage ratio 0.3. It has cash and short-term investments of ₩1,037.3B.

Key information

116.9%

Debt to equity ratio

₩4.89t

Debt

Interest coverage ratio0.3x
Cash₩1.04t
Equity₩4.18t
Total liabilities₩12.19t
Total assets₩16.37t

Recent financial health updates

Is Hanwha Ocean (KRX:042660) Using Too Much Debt?

Dec 23
Is Hanwha Ocean (KRX:042660) Using Too Much Debt?

Is Hanwha Ocean (KRX:042660) A Risky Investment?

Sep 11
Is Hanwha Ocean (KRX:042660) A Risky Investment?

Is Hanwha Ocean (KRX:042660) Using Debt Sensibly?

Apr 12
Is Hanwha Ocean (KRX:042660) Using Debt Sensibly?

Recent updates

There's Reason For Concern Over Hanwha Ocean Co., Ltd.'s (KRX:042660) Massive 34% Price Jump

Jan 07
There's Reason For Concern Over Hanwha Ocean Co., Ltd.'s (KRX:042660) Massive 34% Price Jump

Is Hanwha Ocean (KRX:042660) Using Too Much Debt?

Dec 23
Is Hanwha Ocean (KRX:042660) Using Too Much Debt?

Why Hanwha Ocean Co., Ltd. (KRX:042660) Could Be Worth Watching

Dec 07
Why Hanwha Ocean Co., Ltd. (KRX:042660) Could Be Worth Watching

Statutory Earnings May Not Be The Best Way To Understand Hanwha Ocean's (KRX:042660) True Position

Nov 21
Statutory Earnings May Not Be The Best Way To Understand Hanwha Ocean's (KRX:042660) True Position

Hanwha Ocean Co., Ltd.'s (KRX:042660) Share Price Not Quite Adding Up

Oct 23
Hanwha Ocean Co., Ltd.'s (KRX:042660) Share Price Not Quite Adding Up

Hanwha Ocean (KRX:042660) May Have Issues Allocating Its Capital

Oct 08
Hanwha Ocean (KRX:042660) May Have Issues Allocating Its Capital

Is Hanwha Ocean (KRX:042660) A Risky Investment?

Sep 11
Is Hanwha Ocean (KRX:042660) A Risky Investment?

When Should You Buy Hanwha Ocean Co., Ltd. (KRX:042660)?

Aug 29
When Should You Buy Hanwha Ocean Co., Ltd. (KRX:042660)?

Hanwha Ocean Co., Ltd.'s (KRX:042660) Business Is Yet to Catch Up With Its Share Price

Jul 18
Hanwha Ocean Co., Ltd.'s (KRX:042660) Business Is Yet to Catch Up With Its Share Price

Hanwha Ocean Co., Ltd. (KRX:042660) Shares Could Be 36% Below Their Intrinsic Value Estimate

Jun 26
Hanwha Ocean Co., Ltd. (KRX:042660) Shares Could Be 36% Below Their Intrinsic Value Estimate

Is There Now An Opportunity In Hanwha Ocean Co., Ltd. (KRX:042660)?

May 22
Is There Now An Opportunity In Hanwha Ocean Co., Ltd. (KRX:042660)?

Is Hanwha Ocean (KRX:042660) Using Debt Sensibly?

Apr 12
Is Hanwha Ocean (KRX:042660) Using Debt Sensibly?

Hanwha Ocean's (KRX:042660) Performance Raises Some Questions

Mar 20
Hanwha Ocean's (KRX:042660) Performance Raises Some Questions

Not Many Are Piling Into Hanwha Ocean Co., Ltd. (KRX:042660) Just Yet

Mar 01
Not Many Are Piling Into Hanwha Ocean Co., Ltd. (KRX:042660) Just Yet

Financial Position Analysis

Short Term Liabilities: A042660's short term assets (₩10,676.9B) exceed its short term liabilities (₩9,904.4B).

Long Term Liabilities: A042660's short term assets (₩10,676.9B) exceed its long term liabilities (₩2,281.8B).

Debt to Equity History and Analysis

Debt Level: A042660's net debt to equity ratio (92.1%) is considered high.

Reducing Debt: A042660's debt to equity ratio has increased from 76.9% to 116.9% 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 not well covered by EBIT (0.3x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 09:31
End of Day Share Price 2025/01/10 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

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 .

Analyst Sources

Hanwha Ocean Co., Ltd. is covered by 44 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
H. YoonBNP Paribas Securities (Asia)
Euisup LeeBofA Global Research
Kyung Jae HwangCGS International