SAMICK MUSICAL INSTRUMENT Co., Ltd

KOSE:A002450 Stock Report

Market Cap: ₩91.8b

SAMICK MUSICAL INSTRUMENT Balance Sheet Health

Financial Health criteria checks 5/6

SAMICK MUSICAL INSTRUMENT has a total shareholder equity of ₩260.1B and total debt of ₩166.2B, which brings its debt-to-equity ratio to 63.9%. Its total assets and total liabilities are ₩499.1B and ₩239.0B respectively. SAMICK MUSICAL INSTRUMENT's EBIT is ₩6.5B making its interest coverage ratio 1.7. It has cash and short-term investments of ₩92.9B.

Key information

63.9%

Debt to equity ratio

₩166.17b

Debt

Interest coverage ratio1.7x
Cash₩92.87b
Equity₩260.10b
Total liabilities₩238.99b
Total assets₩499.09b

Recent financial health updates

Is SAMICK MUSICAL INSTRUMENT (KRX:002450) Using Too Much Debt?

Feb 24
Is SAMICK MUSICAL INSTRUMENT (KRX:002450) Using Too Much Debt?

Recent updates

SAMICK MUSICAL INSTRUMENT Co., Ltd's (KRX:002450) Shareholders Might Be Looking For Exit

Dec 18
SAMICK MUSICAL INSTRUMENT Co., Ltd's (KRX:002450) Shareholders Might Be Looking For Exit

SAMICK MUSICAL INSTRUMENT (KRX:002450) Strong Profits May Be Masking Some Underlying Issues

Nov 21
SAMICK MUSICAL INSTRUMENT (KRX:002450) Strong Profits May Be Masking Some Underlying Issues

SAMICK MUSICAL INSTRUMENT's (KRX:002450) Returns On Capital Tell Us There Is Reason To Feel Uneasy

May 27
SAMICK MUSICAL INSTRUMENT's (KRX:002450) Returns On Capital Tell Us There Is Reason To Feel Uneasy

SAMICK MUSICAL INSTRUMENT's (KRX:002450) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Mar 28
SAMICK MUSICAL INSTRUMENT's (KRX:002450) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Is SAMICK MUSICAL INSTRUMENT (KRX:002450) Likely To Turn Things Around?

Mar 17
Is SAMICK MUSICAL INSTRUMENT (KRX:002450) Likely To Turn Things Around?

Is SAMICK MUSICAL INSTRUMENT (KRX:002450) Using Too Much Debt?

Feb 24
Is SAMICK MUSICAL INSTRUMENT (KRX:002450) Using Too Much Debt?

Is SAMICK MUSICAL INSTRUMENT Co., Ltd (KRX:002450) A Strong Dividend Stock?

Feb 03
Is SAMICK MUSICAL INSTRUMENT Co., Ltd (KRX:002450) A Strong Dividend Stock?

Reflecting on SAMICK MUSICAL INSTRUMENT's (KRX:002450) Share Price Returns Over The Last Five Years

Jan 13
Reflecting on SAMICK MUSICAL INSTRUMENT's (KRX:002450) Share Price Returns Over The Last Five Years

Do Institutions Own SAMICK MUSICAL INSTRUMENT Co., Ltd (KRX:002450) Shares?

Dec 23
Do Institutions Own SAMICK MUSICAL INSTRUMENT Co., Ltd (KRX:002450) Shares?

Should We Be Excited About The Trends Of Returns At Samick Musical Instruments (KRX:002450)?

Dec 02
Should We Be Excited About The Trends Of Returns At Samick Musical Instruments (KRX:002450)?

Financial Position Analysis

Short Term Liabilities: A002450's short term assets (₩167.2B) exceed its short term liabilities (₩109.8B).

Long Term Liabilities: A002450's short term assets (₩167.2B) exceed its long term liabilities (₩129.2B).

Debt to Equity History and Analysis

Debt Level: A002450's net debt to equity ratio (28.2%) is considered satisfactory.

Reducing Debt: A002450's debt to equity ratio has reduced from 132% to 63.9% over the past 5 years.

Debt Coverage: A002450's debt is well covered by operating cash flow (25.6%).

Interest Coverage: A002450's interest payments on its debt are not well covered by EBIT (1.7x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 08:48
End of Day Share Price 2024/12/27 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

SAMICK MUSICAL INSTRUMENT Co., Ltd is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sang-Hun LeeiM Securities
Sangpyo KimKiwoom Securities Co., Ltd.
Han Kyung KimLS Securities Co., Ltd.