Shinsung Tongsang Balance Sheet Health
Financial Health criteria checks 6/6
Shinsung Tongsang has a total shareholder equity of ₩457.1B and total debt of ₩349.6B, which brings its debt-to-equity ratio to 76.5%. Its total assets and total liabilities are ₩1,168.6B and ₩711.5B respectively. Shinsung Tongsang's EBIT is ₩126.8B making its interest coverage ratio 5.7. It has cash and short-term investments of ₩270.8B.
Key information
76.5%
Debt to equity ratio
₩349.62b
Debt
| Interest coverage ratio | 5.7x |
| Cash | ₩270.82b |
| Equity | ₩457.14b |
| Total liabilities | ₩711.45b |
| Total assets | ₩1.17t |
Recent financial health updates
These 4 Measures Indicate That Shinsung Tongsang (KRX:005390) Is Using Debt Extensively
May 03
Shinsung Tongsang (KRX:005390) Use Of Debt Could Be Considered Risky
Jan 19Recent updates
These 4 Measures Indicate That Shinsung Tongsang (KRX:005390) Is Using Debt Extensively
May 03Here's What To Make Of Shinsung Tongsang's (KRX:005390) Returns On Capital
Mar 11Should You Rely On Shinsung Tongsang's (KRX:005390) Earnings Growth?
Feb 21Should You Be Concerned About Shinsung Tongsang Co., Ltd.'s (KRX:005390) ROE?
Feb 06
Shinsung Tongsang (KRX:005390) Use Of Debt Could Be Considered Risky
Jan 19Is Shinsung Tongsang Co., Ltd.'s (KRX:005390) Shareholder Ownership Skewed Towards Insiders?
Jan 01If You Had Bought Shinsung Tongsang (KRX:005390) Stock Three Years Ago, You Could Pocket A 54% Gain Today
Dec 14What Do The Returns On Capital At Shinsung Tongsang (KRX:005390) Tell Us?
Nov 26Financial Position Analysis
Short Term Liabilities: A005390's short term assets (₩708.4B) exceed its short term liabilities (₩500.2B).
Long Term Liabilities: A005390's short term assets (₩708.4B) exceed its long term liabilities (₩211.2B).
Debt to Equity History and Analysis
Debt Level: A005390's net debt to equity ratio (17.2%) is considered satisfactory.
Reducing Debt: A005390's debt to equity ratio has reduced from 132.5% to 76.5% over the past 5 years.
Debt Coverage: A005390's debt is well covered by operating cash flow (61.2%).
Interest Coverage: A005390's interest payments on its debt are well covered by EBIT (5.7x coverage).