ShinWon Balance Sheet Health
Financial Health criteria checks 2/6
ShinWon has a total shareholder equity of ₩213.8B and total debt of ₩207.5B, which brings its debt-to-equity ratio to 97.1%. Its total assets and total liabilities are ₩545.0B and ₩331.2B respectively. ShinWon's EBIT is ₩23.0B making its interest coverage ratio 2. It has cash and short-term investments of ₩25.6B.
Key information
97.1%
Debt to equity ratio
₩207.54b
Debt
Interest coverage ratio | 2x |
Cash | ₩25.64b |
Equity | ₩213.79b |
Total liabilities | ₩331.22b |
Total assets | ₩545.01b |
Financial Position Analysis
Short Term Liabilities: A009270's short term assets (₩337.1B) exceed its short term liabilities (₩219.2B).
Long Term Liabilities: A009270's short term assets (₩337.1B) exceed its long term liabilities (₩112.0B).
Debt to Equity History and Analysis
Debt Level: A009270's net debt to equity ratio (85.1%) is considered high.
Reducing Debt: A009270's debt to equity ratio has increased from 79% to 97.1% over the past 5 years.
Debt Coverage: A009270's debt is not well covered by operating cash flow (13%).
Interest Coverage: A009270's interest payments on its debt are not well covered by EBIT (2x coverage).