ShinWon Balance Sheet Health
Financial Health criteria checks 2/6
ShinWon has a total shareholder equity of ₩215.1B and total debt of ₩234.8B, which brings its debt-to-equity ratio to 109.2%. Its total assets and total liabilities are ₩585.2B and ₩370.1B respectively. ShinWon's EBIT is ₩25.2B making its interest coverage ratio 2. It has cash and short-term investments of ₩29.3B.
Key information
109.2%
Debt to equity ratio
₩234.81b
Debt
| Interest coverage ratio | 2x |
| Cash | ₩29.33b |
| Equity | ₩215.10b |
| Total liabilities | ₩370.13b |
| Total assets | ₩585.23b |
Financial Position Analysis
Short Term Liabilities: A009270's short term assets (₩356.1B) exceed its short term liabilities (₩240.2B).
Long Term Liabilities: A009270's short term assets (₩356.1B) exceed its long term liabilities (₩129.9B).
Debt to Equity History and Analysis
Debt Level: A009270's net debt to equity ratio (95.5%) is considered high.
Reducing Debt: A009270's debt to equity ratio has increased from 64.2% to 109.2% over the past 5 years.
Debt Coverage: A009270's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: A009270's interest payments on its debt are not well covered by EBIT (2x coverage).