Soosan Industries Balance Sheet Health
Financial Health criteria checks 6/6
Soosan Industries has a total shareholder equity of ₩513.1B and total debt of ₩32.3B, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are ₩610.1B and ₩97.1B respectively. Soosan Industries's EBIT is ₩44.7B making its interest coverage ratio -12.5. It has cash and short-term investments of ₩203.0B.
Key information
6.3%
Debt to equity ratio
₩32.33b
Debt
| Interest coverage ratio | -12.5x |
| Cash | ₩203.04b |
| Equity | ₩513.07b |
| Total liabilities | ₩97.06b |
| Total assets | ₩610.13b |
Financial Position Analysis
Short Term Liabilities: A126720's short term assets (₩349.3B) exceed its short term liabilities (₩80.0B).
Long Term Liabilities: A126720's short term assets (₩349.3B) exceed its long term liabilities (₩17.0B).
Debt to Equity History and Analysis
Debt Level: A126720 has more cash than its total debt.
Reducing Debt: A126720's debt to equity ratio has reduced from 30.9% to 6.3% over the past 5 years.
Debt Coverage: A126720's debt is well covered by operating cash flow (106.7%).
Interest Coverage: A126720 earns more interest than it pays, so coverage of interest payments is not a concern.