Hanwha Ocean Balance Sheet Health
Financial Health criteria checks 2/6
Hanwha Ocean has a total shareholder equity of ₩4,337.7B and total debt of ₩4,269.4B, which brings its debt-to-equity ratio to 98.4%. Its total assets and total liabilities are ₩16,228.4B and ₩11,890.7B respectively. Hanwha Ocean's EBIT is ₩109.1B making its interest coverage ratio 2.6. It has cash and short-term investments of ₩1,873.2B.
Key information
98.4%
Debt to equity ratio
₩4.27t
Debt
| Interest coverage ratio | 2.6x |
| Cash | ₩1.87t |
| Equity | ₩4.34t |
| Total liabilities | ₩11.89t |
| Total assets | ₩16.23t |
Recent financial health updates
Is Hanwha Ocean (KRX:042660) A Risky Investment?
Sep 11
Is Hanwha Ocean (KRX:042660) Using Debt Sensibly?
Apr 12Is Daewoo Shipbuilding & Marine Engineering (KRX:042660) A Risky Investment?
Apr 06Recent updates
Is Hanwha Ocean (KRX:042660) A Risky Investment?
Sep 11When Should You Buy Hanwha Ocean Co., Ltd. (KRX:042660)?
Aug 29Hanwha Ocean Co., Ltd.'s (KRX:042660) Business Is Yet to Catch Up With Its Share Price
Jul 18Hanwha Ocean Co., Ltd. (KRX:042660) Shares Could Be 36% Below Their Intrinsic Value Estimate
Jun 26Is There Now An Opportunity In Hanwha Ocean Co., Ltd. (KRX:042660)?
May 22Is Hanwha Ocean (KRX:042660) Using Debt Sensibly?
Apr 12Hanwha Ocean's (KRX:042660) Performance Raises Some Questions
Mar 20Not Many Are Piling Into Hanwha Ocean Co., Ltd. (KRX:042660) Just Yet
Mar 01Is Daewoo Shipbuilding & Marine Engineering (KRX:042660) A Risky Investment?
Apr 06What Does Daewoo Shipbuilding & Marine Engineering Co., Ltd.'s (KRX:042660) Share Price Indicate?
Mar 16We Like These Underlying Trends At Daewoo Shipbuilding & Marine Engineering (KRX:042660)
Mar 01What Is The Ownership Structure Like For Daewoo Shipbuilding & Marine Engineering Co., Ltd. (KRX:042660)?
Feb 11
Are Daewoo Shipbuilding & Marine Engineering's (KRX:042660) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Jan 27Financial Position Analysis
Short Term Liabilities: A042660's short term assets (₩10,812.8B) exceed its short term liabilities (₩9,540.3B).
Long Term Liabilities: A042660's short term assets (₩10,812.8B) exceed its long term liabilities (₩2,350.4B).
Debt to Equity History and Analysis
Debt Level: A042660's net debt to equity ratio (55.2%) is considered high.
Reducing Debt: A042660's debt to equity ratio has increased from 71.8% to 98.4% 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 (2.6x coverage).